IPO News Archive

FX Alliance sets IPO terms, looks to raise $75 million

1/27/12


FX Alliance, a provider of a foreign exchange trading platform used by institutional investors, announced terms for its IPO on Friday. The New York, NY-based company plans to raise $75 million by offering 5.2 million shares at a price range of $13.50 to $15.50. FX Alliance, which was founded in 2006, plans to list on the NYSE under the symbol FX. BofA Merrill Lynch, Goldman Sachs, Citi and J.P. Morgan are the lead underwriters on the deal.

Keywords/Tickers: FX
Source: www.RenaissanceCapital.com
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