BITA Indexes Power Plus500's New ESG Trading Suite
BITA, a cutting-edge index technology company, is proud to announce that its indexes are powering the innovative ESG trading suite recently launched by Plus500. The five new CFDs enable investors to make environmentally and socially conscious investment decisions while considering governance issues.
The Plus500 ESG trading suite offers investors access to an array of companies with business activities that contribute positively to a series of ESG issues. The five new indexes track key areas such as Global Warming Reduction, Quality of Life, Poverty Reduction, Diversity and Inclusion and Sustainable Resources, ensuring a comprehensive approach to Impact investing.
Dani Magner, Chief Product & Risk Officer at Plus500 comments: "We are excited to launch our new set of impact-focused index CFDs. By leveraging BITA's innovative suite of impact indexes, which track companies that positively contribute to a variety of ESG topics, our clients can now trade on impact themes that align with their views and preferences".
"We are delighted to see our indexes underlying Plus500's newest trading suite. The introduction of impact-focused products is a first-of-a-kind initiative within the trading space" said Victor Hugo Gomez, CEO of BITA. "Our collaboration with Plus500 highlights our commitment to offering research-driven index products catering disruptive applications and use cases "
The concept of investing in assets which not just create financial returns but also offer measurable social and environmental impact has come a long way in the last few years. The Global Impact Investing Network (GIIN), an international think tank on impact investing, recently released a study that estimated the private impact market grew to approximately $1.2 trillion at the end of 2021—up 63% since 2019.
About Plus500
Plus500 is a global multi-asset fintech group operating proprietary technology-based trading platforms. Plus500 offers customers a range of trading products, including OTC ("Over-the-Counter" products, namely Contracts for Difference (CFDs)), share dealing, as well as futures and options on futures . The Group retains operating licences and is regulated in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore, the Seychelles, the United States, Estonia, Japan and the UAE and through its OTC product portfolio, offers more than 2,500 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. Customers of the Group can trade its OTC products in more than 50 countries and in 30 languages. Plus500 shares have a premium listing on the Main Market of the London Stock Exchange (symbol: PLUS) and are a constituent of the FTSE 250 index. www.plus500.com.
About BITA
BITA is a leading technology-enabled Fintech, focused on the provision of investment customization technology, indexes, and indexing solutions to asset & wealth managers, registered investment advisors and other financial institutions across multiple markets. From traditional passive investing to direct indexing, BITA’s infrastructure has been designed to support investment customization at scale.
BITACore is BITA’s cloud-based index development and investment customization platform. BITACore is available both in a web-based version as well as APIs, and can support a variety of applications, from traditional institutional indexing to direct indexing.
Disclaimer
The information in this document does not constitute tax, legal or investment advice and is not intended as a recommendation for buying or selling securities. BITA and all other companies mentioned in this document are not responsible for the consequences of reliance upon any opinion or statement contained herein or for any omission.