Plus500 Adds Single Stock Futures as Non-OTC Revenue Hits 15%

Plus500 has begun offering single stock futures listed by CME Group to its US customers, including micro-sized contracts, the company said Monday in a regulatory announcement. The launch widens a non-OTC business that produced roughly 15% of group revenue in the first half of 2026.

CME opened the market on July 27 with 77 contracts: 55 standard-sized futures on 100 shares of the underlying stock and 22 micro contracts on 10 shares. The underlying list covers more than 50 companies drawn from the S&P 500, Nasdaq 100 and Russell 1000, among them Nvidia, Tesla, Apple and SpaceX.

Plus500 Joins a Field CME Spent Months Assembling

The exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term said more than 35 retail intermediaries were lined up to distribute the contracts. NinjaTrader, the futures broker Kraken bought for $1.5 billion, made them available to eligible users on launch day.

Charles Schwab is offering the standard-sized contracts to clients with futures-approved accounts. Plus500 announced its own availability seven days after trading opened.

The company did not say how many of the 77 contracts it lists, when its customers were first able to trade them, or what margin and commission terms apply. It said it will add instruments based on customer demand, liquidity and market conditions.

A Product That Failed in the US Once Already

Single stock futures were barred in the US for about two decades before regulators cleared them in 2002. Volume never built, and the contracts were gone by 2020.

"When we introduced them the first time, they failed miserably," CME Chairman Terry Duffy said of that attempt, in comments to Fortune before the relaunch.

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CME says the contracts are cash settled, trade 23 hours a day five days a week, and carry neither time decay nor shifting implied volatility, unlike options. Plus500 makes a similar case in its announcement, citing initial margin requirements, built-in leverage and the ability to trade after the US equity market closes.

Non-OTC Arm Grows as Group Earnings Flatten

Plus500 reported first-half revenue of $462.9 million, up 12%, with EBITDA of $187.5 million, up 1%. The EBITDA margin narrowed to 41% from 45%.

Inside that, the non-OTC unit covering US futures and share dealing contributed about $70 million and grew roughly 30% year over year, according to the company.

Plus500 entered US futures in 2021 by acquiring Cunningham Commodities, which brought clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term membership and the Plus500 Futures brand. IG Group took a comparable route with its $1 billion purchase of tastytrade the same year.

Clearing for Others Is the Other Half of the Push

On July 29, the company agreed to supply US futures infrastructure to Wealthsimple. The deal gives the Canadian brokerage's more than 4 million investors their first direct access to US futures, Plus500 said.

It also provides clearing and execution for FanDuel's prediction markets venture with CME, for Kalshi and for prop trading firm Topstep.

Plus500 started its own prediction markets in February with economic, financial and geopolitical contracts, then added Kalshi sports contracts in June.

Chief Executive David Zruia said the futures launch "builds on the momentum we are seeing across our non-OTC business."

Plus500 does not break out prediction markets revenue, and it gave no figures alongside Monday's announcement. Like the CFDs that still generate most of its income, CME's single stock futures settle in cash, so customers take price exposure without owning the shares, the same distinction that has split how brokers offered access to SpaceX.