Plus500 Ltd. (PLUS.L), a multi-asset fintech company, said on Monday that it has obtained a license from the Canadian Investment Regulatory Organization, or CIRO. This will further expand the company's business into North America, with the extension of its services into the Canadian market.
Plus500 will initiate its services within the over-the-counter, OTC, market and aims to further boost its local proposition by offering an omni-channel suite of products.
David Zruia, CEO of Plus500, said: "We are delighted to have obtained this important authorisation from CIRO in Canada and we are excited to bring our market-leading technology capabilities to customers in the region. This is the latest realisation of our strategy to enter new markets, develop new products, and deepen engagement with our customers."
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