UK's Plus500 rises on expanding into US prediction markets with Kalshi deal

Plus500

03/02/2026 08:12

** Shares of British online trading platform Plus500 PLUSP.L up 5.9% at 4,498p

** Stock among top gainers on FTSE midcaps .FTMC which is up 0.74%

** PLUSP launches event-based prediction markets on its U.S. retail platform through partnership with Kalshi

** Plus500 Futures offering to enable retail customers to trade contracts on economic, financial, & geopolitical events through federally regulated Kalshi Klear LLC

** "This is an important new addition for PLUS, on top of the FanDuel CME deal," say analysts at Jefferies in a research note

** Adds, major validation of PLUS's technology & reliability, this is a significant potential revenue stream

** In 2025, stock rose ~39%

(Reporting by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com))