IG and Plus500 venture overseas with mixed success
Trading platform Plus500 (PLUS) announced on 21 March that it is entering into the Japanese market. This move is motivated in part by the success its rival IG (IGG) has experienced in the region.IG is on track to generate revenue of nearly £90 million per annum from its operations in Japan. This equates to approximately 20% of Plus500 full year expected 2022 revenue, and provides an indication of