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flag Online trading firm Plus500 reports strong Q1 with earnings up 23% and new customers rising 16%.

flag Online trading firm Plus500 reported a strong first quarter, with underlying earnings up 23% to $93.8 million and revenues growing 13% to $205.8 million. flag The company attributes its success to increased market volatility and recent acquisitions, including Mehta Equities in India. flag Plus500 added 26,897 new customers, a 16% increase year-over-year, and expects full-year results to exceed forecasts.

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