Why trade the Databricks IPO with us?
Access grey markets pre-IPO
Buy stock at the IPO price
Receive a stock allocation on the primary market at the same time and price as institutional investors
Trade or invest in Databricks shares
Take your position on Databricks shares – buy, sell or short once they are listed on the secondary market.
Buy underlying Databricks stock
Invest in Databricks and own physical stock – making you a shareholder
Databricks IPO: how to buy Databricks shares
Pre-listing
1. Grey market
Our grey market prices are based on an estimation of a company’s market cap at the end of its first trading day. Our exclusive grey markets let you take a position on this estimation.
If a grey market is offered for Databricks, you can:
‘Buy’ (go long) if you predict that the market cap will exceed the price we quote
‘Sell’ (go short) if you predict that the market cap will be less than the price we quote
What is a grey market and how does it work?
2. IPO subscriptions
If offered for Databricks, you have access to subscribe ahead of the listing – if the company grants retail investors access to its shares, you could have stock allocated at the same time and price as institutional investors
What are IPO subscriptions and how do they work?
3. Post-listing
We’ll offer Databricks shares on the day of their IPO. Once the market has opened, the shares will be available for you to buy. You can choose to:
Use CFDs and spread bets to speculate on share price movements
Buy and assume ownership of shares using share dealing
*Demo accounts are only available for spread betting and CFD trading.
How do IPOs work?
IPOs work by having a company put its shares up for sale to the public. Some common reasons for this include seeking to raise capital for business growth, decreasing or settling debts, positioning itself to better attract and retain talent, or increasing liquidity.
The IPO process starts off with a detailed audit of the company by an external resource – it must be conducted taking all the company’s financials into consideration. Next, a registration statement needs to be prepared by the business and filed with the appropriate exchange commission. If the commission grants approval, the company can then list a set number of shares at a price determined by an investment bank.
Explore what IPOs are or find out how to trade pre- and post-listing
FAQs
All trading activity is risky – IPOs come with additional risks, including:
Missing important company information that might impact share prices, eg pending legal cases and intellectual property that is not patented
Little to no trading track record to base decisions on
Elevated market expectations that do not materialise
Companies not meeting their target market cap
Before committing to any trade, it is important that you have all the facts that you need. In the case of trading IPOs, you can use company prospectuses, admission documents and other information to stay up-to-date. By staying informed, you can avoid risks that could affect your position in a trade.
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1 Based on revenue (published financial statements, 2025).
2 We do not offer grey markets on all IPOs.
