Plus500 Reaches Market Cap Of $1B

August 14, 2014 | The Israeli online trading company Plus500 announced that it has reached a market cap of $1 billion and seen growth in revenue and profits. The company completed the first half of the year with a 138 percent spike in revenue and a net profit growth of 249 percent to $59 million. Plus500 is a company engaging in contracts for difference (CFDs) online trading of goods, shares, indices, foreign currency, and exchange traded funds (ETFs). The company was founded in 2008 and currently operates in over 50 countries, based out of the United Kingdom.