(Reuters) – Plus500 on Tuesday forecast its annual revenue and profit ahead of market expectations, as online trading platforms benefited from a surge in market volatility on the back of the Russia-Ukraine crisis.
The company, which forecast in May full-year revenue and profit to exceed current market expectations, also reported a 118% jump to $143.7 million in its second-quarter core profit.
(Reporting by Sinchita Mitra in Bengaluru; Editing by Sherry Jacob-Phillips)
