March 23, 2022
Plus500 said the company’s entry into the retail market in Japan “represents a major growth opportunity.” Financial terms were not disclosed
London listed online brokerage Over500 announced its entry into the Japanese market through the acquisition of EZ Invest Securities, the company announced.
Plus500 said the company’s entry into the retail market in Japan “represents a major growth opportunity.” Financial terms were not disclosed.
EZ Invest is licensed as a Type 1 Financial Instruments Trading Operator, regulated by the Financial Services Agency of Japan (FSA). It is a member organization of the Japan Securities Dealers Association and the Financial Futures Association of Japan.
Plus500 offers trading products including contracts for difference (CFD) and stock trading, as well as futures and futures options.
The group is licensed to operate in Australia, New Zealand and Singapore as well as the UK, Cyprus, Israel, South Africa, USA, Estonia and Seychelles.
Through its CFD portfolio, it offers more than 2,500 different underlying global financial instruments, including stocks, indices, commodities, options, ETFs, currencies and cryptocurrencies.
Although it does not offer CFDs to US clients, in 2021 the company acquired Cunningham Commodities and Cunningham Trading Systems, both of which operate in futures and options trading in the US futures market.
