City Index

IPO trading

IPOs offer traders a unique opportunity to take positions on popular global listings. Make your move as it happens with a market-leading spread betting, FX and CFD provider.

Why trade IPOs with us?


Trade post-IPO market movements

Speculate on rising and falling prices with CFDs.

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Trade on an award-winning platform

Open and close positions wherever you are with our web and mobile platforms.

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Markets rising

Plan your trades for the week ahead

Keep track of the latest market-moving news with actionable insights from our team of expert analysts.

What is an IPO?

An IPO stands for initial public offering, which is the first time a private company sells shares of its stock to the public. The process is often referred to as ‘going public’.

For companies, listing their shares on a stock exchange gives them the chance to raise capital for growth initiatives and to raise their profile. For traders and investors, an IPO is an opportunity to get in on the ground floor of growing companies or take a position on volatility. However, trading IPO shares can be riskier than gaining exposure to established stocks, due to the unpredictability of the new listing.

Learn more about what an IPO is and how the process works.

What is a SPAC?

During 2020 and 2021, we saw an increase in companies choosing to go public via a SPAC – or special purpose acquisition company. By merging with another company, private firms can ‘go public’ without the need for a traditional IPO. SPACs became popular as they’re quicker and less regulated than the normal IPO process. However, due to several factors including reduced interest for high-risk investments and tougher rules, the popularity of SPACs fell off heavily in 2023 and early 2024.

Find out more about SPACs.

How to trade IPOs

Take a position on popular IPOs as soon as the shares list in four simple steps:

  1. Open an account, or log in if you’re already a customer
  2. Search for the company you want to trade
  3. Choose your position and size, and your stop and limit levels
  4. Place the trade and monitor the market

Learn more about how to trade IPOs.

Upcoming IPOs

Following a challenging period of geopolitical uncertainty and raised interest rates, 2024’s IPO market looks promising. Here are some of the most anticipated listings for traders to keep an eye on.

Past IPOs

The past two years have been challenging for IPOs and SPACs. However, investors and companies are hoping that improving conditions will help them gather momentum for the year ahead. Take a look at some previous IPOs and start speculating on the shares.

Leverage our experts

Our global research team identifies the information that drives markets so you have the insight to make informed trading decisions.

Put our platform to the test

Want to test your trading strategies in a risk-free environment?

  • £10,000 virtual funds on our award-winning platform
  • Get the same access as full account holders to research and analysis
  • Available on desktop, web, mobile or tablet
City Index trading