Bitcoin latest Trading firm Plus500 sees shares jump 20% thanks to cryptocurrency boom

Bitcoin latest Trading firm Plus500 sees shares jump 20% thanks to cryptocurrency boom.

Shares in spreadbetting company Plus500 jumped 20 per cent on Wednesday after it announced that the bitcoin boom had boosted revenues.

Plus500 said it had achieved record revenues for the final quarter of 2017 and added 246,000 customers. The firm said its strong performance was partly thanks to contracts for difference (CFDs), based on the price of cryptocurrencies. 

CFDs allow traders to profit from the...

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From: News Headlines

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