Plus500 income drops from record 2020, but holds above pre-pandemic levels

FILE PHOTO: Traders look at financial information on computer screens on the IG Index trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson/File Photo

(Reuters) - Online trading platform Plus500 on Monday reported a sharp fall in customer income for the first half of 2021, as trading levels eased from record volumes a year earlier when pandemic fears gripped financial markets.

London-listed Plus500, which also launched a share dealing platform earlier in the year, said customer income fell 32% to $379.2 million in the six months to June, but fared better than $175 million before the pandemic struck.