IN BRIEF: Plus500 expands to Latin America with new office in Colombia
Plus500 Ltd - Haifa, Israel-based trading platform provider - Receives authorisation to enter Colombian market from the Colombian Financial Superintendence, which it calls "another significant milestone". Plus500 will establish a new representative office in the country. "The new Colombia office will allow the group to establish enhanced relationships with local stakeholders and to ultimately deliver a localised and more tailored service proposition to Colombian customers in the over-the-counter market," the company says. Chief Executive Officer David Zruia says: "This authorisation represents an important step in establishing our position in Latin America. Plus500 remains focused on delivering long-term, sustainable growth by expanding into new territories, enhancing its technology-led trading platforms, developing innovative new products and services for customers and maintaining the highest regulatory standards." Read More