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IPO listings


MrBR

Question

Hi,

I've just had a chat with IG about two new IPO listings scheduled next week in the US - JFrog (ticker FROG) and Sumo Logic (ticker SUMO). Aside from the Snowflake and Palantir IPOs, FROG and SUMO are two of the hottest tech IPOs scheduled for this year. I asked IG if they would be listed to trade on their go-public date of 16 and 17 September and was told - "if IG hasn't listed the IPO on their IPO webpage, then it won't be offered".

Really? I thought IG was one of the leading global share trading platforms. Why wouldn't it be listing hot-ticket IPOs on the day of public release? If this is true, it's incredibly disappointing.

B

 

Edited by MrBR
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