Twitter IPO greymarket trading launched at

Posted by on in News
  • Font size: Larger Smaller
  • Hits: 694
  • Print

IG joins ETX Capital in making a greymarket in Twitter shares.

trade Twitter IPO, Twitter greymarket, Twitter grey market, trade Twitter shares, Twitter broker, IG.comLeapRate Exclusive... LeapRate has learned that UK spreadbetting leader has quietly launched greymarket trading in shares of Twitter. Those traders who do not want to wait for Twitter's actual IPO, recently announced and planned for later in Q4, can already take a position in what Twitter's ultimate IPO valuation will be.

So what do investors actually think Twitter will be worth? Based on a current price spread of 110/115 at IG, traders are betting that Twitter's valuation will be in the $11.0 to $11.5 billion range once all is said and done.

IG joins smaller rival ETX Capital in making a greymarket in Twitter.

What is greymarket trading? Generally, a greymarket is the trade of a security or commodity through channels which, while legal, are unofficial and unauthorized. In our case, it is the trading in the shares of a private company such as Twitter, leading up to the time Twitter actually goes public. There are also greymarkets set up for trading things which are normally hard to value or dispose of, such as frequent flyer miles.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

trade forex, fx trading, Yuan, China, Renminbi, forex brokers, forex news


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Friday, 25 April 2014

Stay Informed

Get LeapRate's Daily FX Research Email