# Plus500 Acquires Brazilian Broker-Dealer Guru to Expand Latin American Trading Footprint

- URL: https://stocks.freetheai.org/news/plus500-acquires-brazilian-broker-dealer-guru-to-expand-latin-american-trading-328cd2
- Published: 2026-10-20T06:00:03Z
- Category: mergers; sentiment: bullish; impact: medium
- Symbols: [LSE:PLUS](https://stocks.freetheai.org/symbols/LSE-PLUS)
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Plus500 Ltd. (LSE:PLUS) has conditionally agreed to purchase full ownership of Guru Corretora de Títulos e Valores Mobiliários Ltda, a regulated broker-dealer in Brazil. The deal establishes a direct operational footprint for the multi-asset trading group in Latin America's largest economy. Financial consideration was not specified, but the acquisition will be funded completely using existing cash holdings, which stood above $860 million at the end of June 2026.

The acquisition provides access to regulatory frameworks established by the Central Bank of Brazil and the Securities and Exchange Commission of Brazil, enabling the group to offer local stocks, futures, options, and fixed-income products alongside US derivatives. It builds on the firm's regional strategy, which recently included entering Colombia and partnering with local trading provider Nelogica. The transaction is also the company's second takeover within approximately a week, following its purchase of US-based Hedge.

Completion remains subject to customary regulatory approvals and standard closing conditions. Investors will be monitoring regulatory clearance in Brazil as the group works to broaden its product lineup and scale operations across Latin American retail trading markets.

## Key points

- Plus500 Ltd. (LSE:PLUS) agreed to acquire full ownership of Brazilian regulated broker-dealer Guru Corretora de Títulos e Valores Mobiliários Ltda.
- The transaction gives Plus500 a direct regulatory framework and local presence in Brazil to offer equities, futures, options, and fixed income.
- The deal will be funded entirely from existing cash reserves, which exceeded $860 million at the end of June 2026.
- This marks Plus500's second acquisition in roughly a week following its recent purchase of US-based Hedge.

## Questions and answers

### What company is Plus500 acquiring in Brazil?

Plus500 is acquiring full ownership of Guru Corretora de Títulos e Valores Mobiliários Ltda, a regulated broker-dealer based in Brazil.

### How is Plus500 funding the acquisition of Guru?

Plus500 will fund the transaction entirely from its existing cash resources, which totaled over $860 million as of June 30, 2026.

### What products will Plus500 offer in Brazil after the acquisition?

The deal allows Plus500 to expand its offering in Brazil to include Brazilian stocks, futures, options, fixed income securities, and access to US derivatives.