Skip to content

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

O2 IPO

Spanish-owned mobile operator O2 has been eyeing the stock market since 2016. Will 2020 be the year of the O2 IPO? Learn more about the expected listing and how to trade the company’s shares with IG Bank.

Call +41 (0) 58 810 77 42 to talk about opening a trading account. We’re here from Monday to Friday from 9am to 6pm.

Contact us: +41 (0) 58 810 77 42

O2 IPO

Spanish-owned mobile operator O2 has been eyeing the stock market since 2016. Will 2020 be the year of the O2 IPO? Learn more about the expected listing and how to trade the company’s shares with IG Bank.

Call +41 (0) 58 810 77 42 to talk about opening a trading account. We’re here from Monday to Friday from 9am to 6pm.

Contact us: +41 (0) 58 810 77 42

Why trade the O2 IPO with IG Bank?

Trade before the IPO

Get exposure to O2 before the listing by speculating on its predicted market cap

Speculate on O2

Buy or sell O2 shares with leveraged exposure using CFDs

How to trade the O2 IPO

There are two ways you could trade the O2 IPO – before or after the listing.

Before the listing

IG Bank may offer a ‘grey market’ ahead of the O2 IPO. If available, this will enable you to speculate on the company’s share price via CFDs before it lists. Our grey market price will be based on our prediction of O2’s market capitalisation at the end of the first trading day.

With IG Bank's grey market, you can:

  • ‘Buy’ if you think the market cap will be higher than the price indicated
  • ‘Sell’ if you think the market cap will be lower than the price indicated

What is a grey market and how does it work?

After the listing

You could trade O2 after the listing by speculating on its share price movements.

With IG Bank, you can trade derivatives such as CFDs.

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to 17 000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With more than 45 years of experience, we’re proud to offer a truly market-leading service

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to 17 000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With more than 45 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Start trading now

When is the O2 IPO?

The O2 IPO could happen in 2020, but no date has been confirmed. The company started talks about a listing in 2016, but decided to delay its plans due to uncertainty over Brexit. In 2018, plans for an IPO were discussed briefly once again, but put on hold after several other companies found their listings to be more difficult than anticipated. It is now expected that O2 will file for the listing after the UK formally leaves the EU.

O2 is likely to list on the London Stock Exchange (LSE). It was most recently valued at £10 billion (in 2018).

What is O2’s business model?

O2’s business model is centred on running a 2G, 3G and 4G mobile network, and operating a wi-fi service in the UK. It is part of the global telecommunications group Telefónica S.A, which operates in Europe and the Americas. It uses the Telefónica Group’s business model and applies it with consideration to the local market.

O2 is the UK’s leading mobile operator and employs nearly 7000 people. The company supports several sustainability, recycling and online safety initiatives, and it is also involved in a few high-profile sponsorships, such as that of the England rugby team.

Register your interest for IPO news


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

How do IPOs work?

IPOs happen when a company decides to list its shares on an exchange, such as the London Stock Exchange (LSE) and start selling them to the public. IPO is short for ‘initial public offering’.

You can learn more about IPOs in this video.

Video poster image

Choose the world's No.1 CFD provider1

Why open a trading account with anyone but the best CFD provider? With 45 years of experience, we're proud to offer a truly market-leading service.

You might be interested in…

What you need to know about Uber's initial public offering

CFD trading offers you the chance to find opportunity in a huge variety of financial markets

Find out how you can trade Deliveroo's upcoming IPO

1Based on revenue (published financial statements, 2022).