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Plus500 Ltd on Tuesday announced a new five-year incremental, annualised revenue objective of $500 million.
Plus500 is a Haifa, Israel-based multi-asset trading platform offering over-the-counter products, share dealing as well as trading on futures.
The company says the revenue objective will be achieved through expanding existing products, introducing new products and deepening customer revenue.
Plus500 also identified expansion into the US as a way to grow its revenue.
The revenue objective is based on the company's view of the prospects of the business at and in the context of unpredictable market conditions.
The announcement will be made at the Plus500 Capital Markets day, being held on Tuesday, at which Plus500 Chief Executive Officer David Zruia and Chief Financial Officer Elad Even-Chen will speak.
Shares in Plus500 were trading 2.0% higher at 1,713.00 pence each in London on Tuesday morning.
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