Trading Firm Plus500 Upgrades to Main Market of London Exchange
The company’s stock shot up by over 2000% since it listed on AIM, London’s sub-market, five years ago
Dror Reich | 10:32 27.06.2018
Online financial trading company Plus500 Ltd. has moved its listing to the main market of the London Stock Exchange, the company announced Tuesday. Since it listed on London’s sub-market AIM in 2013, raising $75 million in an initial public offering that gave the company a 132 million pound valuation, Plus500’s stock increased by over 2000%. In May 2015 the Israeli company’s stock crashed by around 70% due to regulatory issues in the U.K., but has since rallied.