About Plus500™
Plus500 is a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities and indices, alongside innovative trading technology.

Online Site......
http://www.plus500.co.uk/Help/AboutUs.aspx

Last RNS trading update.

Wednesday 20 November, 2013Plus500 Ltd
Trading Update

RNS Number : 5143T
Plus500 Limited
20 November 2013

For immediate release
20 November2013

Plus500 Ltd.

("Plus500" or "the Company")

Trading update for year ending 31 December 2013

Current trading significantly ahead of market expectations

Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces that following the announcement made on 17 October trading has remained strong and has already exceeded market expectations for the 12 months ended 31 December 2013.



The Company now anticipates that revenues for the year ending 31 December 2013 will be significantly ahead of market expectations.



Plus500 continues to see active customer growth accelerating whilst customer acquisition costs remain stable. This continued strong performance, coupled with favourable market conditions, highlights Plus500's growing market position and the increasing effectiveness of the Company's marketing efforts.



The Company's strategy of listing on the London market to increase brand awareness has contributed to this success.

Company website: www.plus500.com

For further details:

Plus500 Ltd

Elad Even-Chen, Head of Investor Relations

ir@Plus500.com


Tel: +972-4-8189503

Liberum Capital - Nomad and Broker

am out I-7-14 director resigns, along with other doubts, can,t stand the heat, sold. 50 k sold delayed from Friday showed up 11.56 14.7.14 another reason.

Sell after sell best stay out.

chartwise 300p not unrealistic which is why I got out.

follow the money, was t/v program had some links. usually works, company statement helped, bought backin @463 now have more faith I company if all lies ?

363

Heading back to 500p.

this one can be a bit scary as the chart shows, but with its figures due 27/8 it may be worth having a cautious dabble, though as always, timing will be key

Be careful here Cyners Evil and his camp are short on this one and he tells me he wont close until its sub 200p.

he sure doesn't always call correctly :-)

good figures (say £70/75m t/o) are a reasonable bet and i'ld also expect a bullish statement re current trading - volatile markets are heaven-sent for CFD trading businesses

Thats true as you dont have a contract finalising date, but pay interest over night.

S Bets are cheaper but you can get caught on the last day.

blah blah blah.

goldfinger,mitzy, ect do not ignore the maths,get out of the crap , go into a live one

In freefall.

Statement regarding recent speculation

tin hats

After todays relief rally maybe £3.50 will be the bottom, although PLUS could move strongly upwards on a positive RNS release as this was £7 a few days ago and now £4, this seems to be a big drop created to let the short funds out..hmmm

the next trading update, await in treperdation, £5 To £6 s/p then, unable to see £7

Oday buying again and still it goes down ..

Numis note yesterday:
"Plus500 is enhancing its client on boarding and AML processes in the UK which has resulted in additional document checks being required by a number of existing clients. This review only affects c.25% of Plus500′s total client base and it expects to have the majority of the higher value clients verified in the next couple of days with the remaining clients in the next couple of weeks. In our view, the reputational damage created by these actions is likely to materially impact the churn rate and new client numbers. As a result, we have reduced our 2015/16/17E EPS estimates by 31%/38%/24% to 74c/74c/102c. However, our recommendation remains under review as we are not sure what proportion of clients can be verified, how the FCA may react, the magnitude of the potential reputational damage and how c.40% of its clients react when they realise they are now regulated by CySec rather than the FCA.
● Enhanced client on boarding and AML processes – The review appears to have been driven by the new management team at Plus500UK (rather than the FCA) who wanted to significantly enhance the existing procedures and ensure the business is whiter than white. But until this review has been completed, affected clients will not be able to open any new trades or deposit/withdraw funds. If completed successfully, this may eventually help allay some of the concerns about its client on boarding procedures, although the transition will undoubtedly be painful.
Business as usual for 75% of clients – Both the Australian and Cypriot subsidiaries are unaffected by this review, which when combined with the c.45% of Plus500UK clients that are allowed to trade, implies 70-75% of clients have been unaffected. According to Plus500, the Australian regulator ASIC has already completed a full review of the business last year and was happy with the Group’s procedures while the Cypriot regulator CySec requires that all procedures are verified in advance of the licence being issued."

Close my short this morning and now suspended ..

that was a mighty good short jimmy
should pay for your holiday in the caribbean