CFDs broker BlackBull hires bankers for IPO: AFR
BlackBull has brought in Revenue of AUD $62M (USD $43M) over the past year, with net profit in the range of AUD $22M (USD $15M).
BlackBull has brought in Revenue of AUD $62M (USD $43M) over the past year, with net profit in the range of AUD $22M (USD $15M).
Both the size of the eToro IPO and price were upsized by the company after the offering became heavily oversubscribed.
Total client trading volumes at iForex totaled $407 billion in 2024, or just under $34 billion in average monthly trading volumes.
It becomes clear diving into the numbers that eToro’s growth is being driven by crypto trading.
Jimmy Ye: The path to IPO has been part of our long term strategy for some time now.
LogixTrader offers a web-based trading experience across all devices which does not require users to download or install any applications.
The cancellation of the ThinkMarkets-FG deal marks the third consecutive failed attempt of a Retail FX and CFDs broker to go public.
ThinkMarkets posted total losses of USD $20.7 million over the past two years, financing its cash outflow from increased borrowing.
The deal will give ThinkMarkets a pre-merger valuation of USD $160 million.
The Saxo deal the second failed attempt by a Retail FX and CFDs broker to go public via the SPAC route, in just the past six months.