ThinkMarkets plans to raise $300m during IPO

According to the Australian Financial Review, despite the coronavirus pandemic, ThinkMarkets intends to raise $300m throughout IPO, by the end of 2021.ThinkMarkets is an FCA and ASIC-regulated online brokerage company. It is planned that the listing will be done within the Australian Securities Exchange (ASX). This is one of the world’s biggest financial market platforms. The Australian Securities and Investments Commission (ASIC) is aiming to collect around 100m in USD with the public listing of its shares, with a market value of $300m. The broker has already started preparing for the IPO by onboarding fund managers.

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