Investment Banking and Brokerage Services (8770)

16,584.58
   
  • 52 Week High: 18,764.46
  • 52 Week Low: 13,858.08

Plus500 buys India's Mehta Equities for $20m

By Frank Prenesti

Date: Monday 24 Mar 2025

LONDON (ShareCast) - (Sharecast News) - Fintech group Plus500 has bought Indian financial services company Mehta Equities for $20m, the company said on Monday.
Mehta provides broking services including futures, options and cash equities trading products.

"India represents the largest retail trading market globally with over 150bn contracts traded in 2024, equating to over 75% of the global transaction volume," the company said in a statement.

"The acquisition provides a compelling opportunity for Plus500 to strengthen its growing global futures offering and drive value-accretive growth."

Reporting by Frank Prenesti for Sharecast.com

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Price Data

Price 16,584.58
Closing Price Change -346.36
% Change -2.05 %
09-Apr-25 Close 16,584.58

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