- iFOREX considers IPO with plans to list on London Stock Exchange, offering new shares to institutional and UK retail investors.
iFOREX Financial Trading Holdings Ltd., a fintech company known for its proprietary online and mobile trading platform for CFDs, has announced that it is exploring an initial public offering (IPO).
The company published a registration document, which has received approval from the UK’s Financial Conduct Authority (FCA).
If the IPO proceeds, iFOREX plans to list on the Main Market of the London Stock Exchange, offering only new Ordinary Shares.
The offer will target institutional investors and retail investors in the UK through Bookbuild Intermediaries. A progressive dividend policy is also on the horizon, with the FY25 dividend expected at 50% of adjusted profits.
