XTB is an online broker that has been operating for a long time. This operator has been in existence since 2002. It was founded in Warsaw (Poland) on the initiative of Jakub Zablocki under the name of X-Trade
Since then, the broker has been present in other countries, namely the Czech Republic and France. Today, XTB continues to evolve and the company has been listed on the Warsaw Stock Exchange.
Initial public offering of XTB
XTB is an online broker that has made a name for itself in the world of online trading. This operator, which is regulated by the responsible bodies, has earned the trust of its customers thanks to the quality of its offers and services. Initially, it was a specialized CFD broker exclusively. He then expanded his activities to operate in the field of binary options.
Continuing to evolve over the years, XTB marks the year 2016 with its IPO on the Warsaw Stock Exchange. It is also the largest stock market listing in recent months on this financial centre. The allocation of allocations is handled by Unicredit and JP Morgan, with the assistance of a local company.
In the big league
With this initial public offering, XTB joins the big league, knowing that it is already a broker that is well worth a look. This broker provides its clients with a quality platform whose development has been ensured internally. To offer the best services to its traders, the operator collaborates with financial analysts. Not to mention that it has offices in many European countries, including the Czech Republic and France (notably on Boulevard Haussmann in the French capital).
In any case, its success is undeniable. Today, the broker can compete with leading operators such as CMC Markets, IG or Plus500, whose initial public offering was made some time ago. For its part, XTB chose the second quarter of 2016, demonstrating its strategy.
How is the XTB IPO going?
To begin with, XTB benefits are only available to individuals based in Poland. Foreigners who also wish to participate will have to do so through private placements. Or they must have the status of an institution. According to estimates at the time of XTB’s initial public offering, the operator’s value would be between approximately $400 million and $600 million.