Fintech broker Plus500 rolls out 24/5 trading in extended-hours push
Fintech broker Plus500 rolls out 24/5 trading in extended-hours push June 23 (Reuters) - Plus500 PLUSP.L on Tuesday launched five-day, round-the-clock trading on some stocks and exchange‑traded funds, including SpaceX SPCX.O, to address growing demand from retail investors to respond to market-moving events outside traditional trading hours.
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The launch positions Plus500 ahead of a broader industry shift, with both the New York Stock Exchange and Nasdaq NDAQ.O expected to allow nearly round-the-clock trading by the second half of 2026.
The multi-asset trading platform said it will continue to expand its 24/5 contract for difference offering, adding more stocks and ETFs over time based on customer demand, liquidity conditions, and operational considerations.
"The launch of 24/5 CFD trading on stocks and ETFs is our direct response, giving them the ability to act the moment an earnings release lands, a central bank speaks, or a market-moving event unfolds, regardless of the time or time zone," said Plus500 CEO David Zruia.
Plus500 launched its U.S. consumer prediction markets offering in February and has seen surging customer numbers in recent quarters due to heightened market volatility.
(Reporting by Yamini Kalia in Bengaluru; Editing by Ronojoy Mazumdar)