Plus500 secures ICE Clear Europe membership to expand European futures offering

Plus500 Ltd has recently secured a new clearing membership with ICE Clear Europe, part of the Intercontinental Exchange (ICE) group, as it pushes to scale its futures-clearing capabilities and broaden its European market access.

The membership allows Plus500 to offer regulated access to European futures markets for its global client base. The move is designed to help the Group expand its futures business into new territories and customer segments while delivering a more seamless trading and post-trade experience.

The firm highlighted that the new arrangement will allow Plus500 to optimize clearing cost efficiencies and better serve an expanding B2B customer base with enhanced clearing services.

The firm emphasized that this move will help Plus500 to optimize clearing cost efficiencies.

Building a global clearing footprint

Plus500 said the ICE Clear Europe membership builds on its earlier acquisition of the ICE Clear US membership earlier this year. Combined with prior clearing relationships, including memberships or access to ICE, CME Group exchanges, Eurex, and MGEX, the Group said it now offers a more holistic, global clearing proposition for current and prospective clients.

By diversifying its clearing relationships across major global central counterparties, Plus500 aims to reduce operational concentration risk and increase the range of exchange-traded futures and options it can clear on behalf of clients and counterparties.

Market and client implications

For institutional and professional clients, access to ICE Clear Europe can be particularly important for trading energy and environmental products. For Plus500, which historically has been better known for retail leveraged products, the step signals a strategic emphasis on scaling its clearing and futures services as part of a broader B2B growth agenda.

About Plus500

Plus500 is an online trading platform that offers 2,800 CFDs on cryptos, indices, forex, commodities, shares, and ETFs. It was founded in 2008 and is headquartered in Israel, with additional offices in the UK, Cyprus, Australia, and Singapore. Plus500 is authorized and regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Australian Securities and Investments Commission (ASIC) in Australia. The platform is available in more than 50 countries and supports over 30 languages.