Business
Acquisition of Mehta Equities
Acquisition of Mehta Equities.
About this update from Plus500 Ltd.
[{"type":"text","content":"\n\n24 March 2025\n \nPlus500 Ltd.\n(\"Plus500\", the \"Company\" or, together with its subsidiaries, the \"Group\")\nPlus500 enters the well-established Indian futures market\nPlus500, a global multi-asset fintech group operating proprietary technology-based trading platforms, is pleased to announce that it has conditionally agreed to acquire the entire share capital (100%) of Mehta Equities Limited (\"Mehta\"), an Indian financial services company providing, inter alia, broking services including futures, options and cash equities trading products (the \"Acquisition\").\nStrategic rationale\nThe Acquisition enables Plus500 to expand its geographic footprint into India's large and well-established financial industry, including futures trading. India represents the largest retail trading market globally with over 150bn contracts traded in 2024[1], equating to over 75% of the global transaction volume. The Acquisition provides a compelling opportunity for Plus500 to strengthen its growing global futures offering and drive value-accretive growth by leveraging its market-leading, proprietary technology, best-in-class customer support and in-depth knowledge in the futures market.\nThe Acquisition will enhance the Group's global scale whilst also being expected to:\n+ Boost Plus500's presence in the global futures market, by offering holistic execution and clearing services to both B2B (Institutional) and B2C (Retail) customers\n+ Expand Plus500's global operations to include one of the world's largest and fastest-growing economies, as well as one of the most established domestic trading markets\n+ Drive the growth of Plus500's existing operations in the US futures market by creating synergies between the two markets\n+ Expand the Group's offering to include various Indian financial products and offerings, such as cash equities, options, wealth management, and additional local financial services and solutions\nMehta Equities Limited\nMehta was established in 1995 by Rakesh Mehta. It has grown its operations to include Brokering (futures, options, and cash equities), Portfolio Management Services (Customer Portfolio Management), Investment Banking (Capital Raising, IPOs and M&A) and other custodian services.\nMehta is regulated by the Securities and Excha...