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IPO grey market CFD trading

Take a position on a company before the Initial Public Offering (IPO)

  • Trade on our grey market before the IPO
    Take a position on a company's anticipated value before shares are released

  • Trade on share CFDs after the IPO
    Use CFDs to speculate on the post-IPO share price

How does it work?

We offer a market on a company's anticipated value during the build up to its IPO, so you can trade on a grey market before the shares are released.

This means you can take advantage of news and speculation on the price, and any potential volatility.

You can also trade CFDs on the company's shares from the first day of conditional trading.

Recently-launched IPOs

Company IPO date Estimated launch price Actual launch price IG live market
Atlassian 10 December 2015 $4.3 billion $5.8 billion Trade now
Virgin Money 13 November 2014 £2.1 billion £1.24 billion Trade now
Jimmy Choo 17 October 2014 £725 million £561.6 million Trade now
Alibaba 19 September 2014 $168 billion $230 billion Trade now
AA 23 June 2014 £1.35 billion £1.29 billion Trade now
TSB 20 June 2014 £1.3 billion £1.45 billion Trade now
Zoopla 18 June 2014 £975 million £960.5 million Trade now
Saga 23 May 2014 £2.5 billion £1.97 billion Trade now
Weibo 17 April 2014 $9.5 billion $4.12 billion Trade now
King 26 March 2014 $6 billion $6.03 billion Trade now
Poundland 17 March 2014 £850 million £937.5 million Trade now
Pets At Home 12 March 2014 £1.48 billion £1.23 billion Trade now
Just Eat 7 April 2014 £1.23 billion £1.55 billion Trade now
Royal Mail 15 October 2013 £2.7 billion £4.89 billion Trade now
Twitter 7 November 2013 $11.25 billion $24.48 billion Trade now
Facebook 18 May 2012 $97 billion $105 billion Trade now
Snapchat 2 March 2017 $27.5 billion $28.33 billion Trade now

FAQs

What is an IPO?

When a company embarks on an IPO (which stands for initial public offering) it goes public on a stock exchange. This can also be known as floating, flotation, or just ‘going public’.

What is a grey market?

By taking a position on a grey market, you’re taking a position on a company’s potential market cap ahead of its IPO (total shares in issue x price). If you think the estimated value of the company is over- or under-priced, or if news stories surrounding the business creates additional volatility, a grey market enables you to take advantage before the shares are released publically on the stock exchange. 

How does a grey market work?

Our grey market works the same as any other CFD: find it in our ‘Popular markets’ watchlist, and buy or sell to take your position. 

How is a trade on our grey market settled?

Settlement of your trade is calculated based on the official closing price of the first day of trading, as reported by Bloomberg.

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

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Contact us

We're here 24hrs a day Monday to Friday.

1800 601 734

You can also call +61 (3) 9860 1799
email helpdesk.au@ig.com or tweet us at @IGClientHelp

 

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