The Online Trading Company Plus500 Ltd (Lon: Plus) announced today that the team has secured a new participation in the Ice Clear Europe, part of the Intercontinental Exchange Group (Ice).
This participation in liquidation allows the Group to strategically extend future fulfillment businesses to new territories and customers, further reducing clearance services to cover a wider range of future products in multiple asset categories, offering customers a more uninvited commercial experience.
With the new participation in the Ice Clear Europe, the team is now able to provide its ever -worldwide customer base with adjustable access to European markets for future fulfillment, including energy derivatives and carbon, such as power, gas and future carbon contracts.
Based on the Group’s existing Ice Clear US involvement earlier this year, this additional clearance method further enhances the infrastructure of the Plus500, optimizes cost effectiveness and unlock opportunities to serve a wider, more differentiated client.
In recent years, the team has secured valuable participation with some of the largest liquidation houses in the world, including ICE, CME, EUREX and MGEX groups. Together, these entries produce a global, holistic liquidation offer for both today’s and potential customers, enhancing the group’s ability to expand its services and reach an increasingly global customer base.
David Zruia, CEO of Plus500, commented:
“We are very pleased to secure the attribute of Ice Clear Europe, which complements our existing Ice Clear Us. As we continue to evolve into a worldwide market provider, the clearance of the entries remains a key pillar of the PLUS500 strategy for the future. Buying as institutional and retail-sales customers-recognize the benefits of the omni-channel bid, supported by PLUS500 technology, supported by holistic liquidation capabilities. “