Broker updates
Plus500’s proposed Guru acquisition would provide a regulated Brazilian broker-dealer base
The conditional deal adds local licences and market access, but product rollout remains dependent on completion and implementation.
Guru
The companies, products and regulatory developments shaping the broker industry.
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Deals & ownership
Plus500 agrees to buy Brazil’s Guru, adding local brokerage to its international expansion
The conditional purchase would add a Brazilian broker-dealer for local stocks, futures, options and fixed income. It complements Plus500’s existing Nelogica route to US futures and would be funded from group cash.