IronFX Working on Potential 2015 IPO in the US news_IronFX Working on Potential 2015 IPO in the US pic1

A recent report from the Wall Street Journal stated that IronFX is planning to go public in the US this 2015 with an aim for a valuation of more than $800 million and that it has engaged with several banks including Credit Suisse Group AG, Barclays PLC and UBS AG for the offering.

If IronFX succeeds in selling their target shares, the Cyprus-based company will be able to surpass the market values of Gain Capital ($350 million) and FXCM ($790 million). The most recent IPO for a retail forex company was that of Plus500 which is considered to be a huge success as its shares have quadrupled since they gave gone public on the London Stock Exchange’s AIM market in 2013.