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Plus500 Ltd. (LSE:PLUS) has been selected as the clearing partner for the new event-based contracts platform launched by CME Group (NASDAQ:CME) and FanDuel, the company announced Monday.
Under the agreement, the global multi-asset fintech firm will deliver brokerage-execution and clearing services to FanDuel Prediction Markets—a non-clearing Futures Commission Merchant created through a joint venture between CME Group and FanDuel, part of Flutter Entertainment plc (LSE:FLTR). The partnership enables Plus500 to leverage its infrastructure to provide secure, scalable market access for the FCM’s users.
The collaboration highlights Plus500’s strength as a market infrastructure provider, underpinning execution, settlement, and risk management in the growing event-driven trading space. Its proprietary technology, regulatory capabilities, and institutional-grade systems support the delivery of clearing services for future products and global event-based markets.
Chief Executive Officer David Zruia described the appointment as “a historic milestone” that showcases the firm’s credibility and execution capabilities. “It also demonstrates the superiority of our operational processes and status as a global multi-asset fintech group on the international stage. We are proud to work with the CME and FanDuel to broaden global market access for millions of new customers,” he said.
Plus500 operates its own technology-driven trading platforms and is licensed across numerous jurisdictions, including the UK, Australia, Cyprus, Israel, and the US. The firm offers access to more than 2,500 financial instruments in over 60 countries and supports trading in 30 languages.
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