UK listed Plus500 expands US trading push with single stock futures

Aug 3 (Reuters) - Fintech broker Plus500 said on Monday it has launched Single Stock Futures in the United States, expanding its futures offering by giving customers access to CME Group-listed contracts tied to individual U.S. stocks.

Here are some details:

• The offering allows Plus500 customers to trade CME-listed futures tied to individual U.S. stocks, including long and short positions, with lower upfront capital requirements and extended-hours trading.

• The Israel-based broker said it plans to add more contracts based on customer demand, liquidity and market conditions.

• The launch marks another step in Plus500's push to expand its U.S. business beyond its traditional OTC contracts-for-difference (CFD) business.

• In June, it launched sports event-based prediction market contracts as it broadened its exchange-traded offerings.

(Reporting by Atharva Singh in Bengaluru)