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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Plus500 boss: ‘We’ll be valued more’ in New York as London investors don’t see us as a tech firm

Plus500 United States London New York

The boss of stock trading app Plus500 said today that London investors’ view of his business as a finance company rather than a tech firm prompted the company to look at a US listing.

CEO David Zruia confirmed to the Standard that Plus500 was thinking of listing its shares in the US alongside London, after reports in May that the business was looking to join firms like Arm, CRH and Flutter that recently expressed plans to sell shares in New York.

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