2nd Sep 2025 10:47
(Alliance News) - Plus500 Ltd on Tuesday said it has secured a new clearing membership with ICE Clear Europe, part of exchange operator Intercontinental Exchange Inc.
The Haifa, Israel-based trading platform provider said the clearing membership allows it to expand its futures business to new territories, further scaling its clearing services to cover a broader range of futures products across asset classes.
It said the membership means it is able to provide regulated access to European futures markets, including energy and carbon derivatives such as power, gas, and carbon futures an options.
Plus500 said the membership builds on its existing membership with ICE Clear US. It also has clearing memberships with Chicago Mercantile Exchange Holdings Inc, Eurex and the Minneapolis Grain Exchange.
"We are extremely pleased to secure our membership of ICE Clear Europe, which complements our existing ICE Clear US membership. As we continue to evolve into a provider of global market infrastructure, clearing memberships remain a key pillar of Plus500's growth strategy for our global futures business, and this new membership will further expand our clearing capabilities across multiple asset classes in European markets," said Chief Executive Officer David Zruia.
"It enhances our already established position in the futures market and we are rapidly gaining market share as customers - both institutional and retail - recognise the benefits of Plus500's technology-enabled, omni-channel offering, underpinned by our holistic clearing capabilities."
Shares in Plus500 were down 1.3% at 2,943.29 pence in London on Tuesday morning.
By Michael Hennessey, Alliance News reporter
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