Finance
Online trading platform Plus500 gains approval to enter Canada's OTC market
Published by Global Banking & Finance Review®
Posted on June 23, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 23, 2025
1 min readLast updated: January 23, 2026
Plus500 gains Canadian approval to enter the OTC market, enhancing its global trading presence and anticipating strong annual results.
(Reuters) -London-listed Plus500 said on Monday that it has received approval from the Canadian Investment Regulatory Organization that will allow the online trading platform to offer its services in the over-the-counter market.
The company, which provides equity, commodity and options trading services and is active in more than 60 countries, has made investments in new products and expanded into global markets.
In March, it bought Indian financial services company Mehta Equities for about $20 million.
Plus500 said in April that it expects annual results to exceed market expectations, supported by increased trading activity amid global market volatility.
(Reporting by Yamini Kalia in Bengaluru; Editing by Sonia Cheema)
Plus500 received approval from the Canadian Investment Regulatory Organization to offer its services in Canada.
Plus500 is active in more than 60 countries worldwide.
In March, Plus500 acquired Indian financial services company Mehta Equities for about $20 million.
Plus500 expects its annual results to exceed market expectations due to increased trading activity amid global market volatility.
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