Eight financial services firms holding stock in trading platform FXall made partial exits when it floated on Thursday, raising more than $62m from 5.2 million shares.
Online trading platform FXall raised $62.4m in its initial public offering (IPO) when it floated on Thursday, pricing its 5.2 million shares at $12, below the $13.50-$15.50 per share range set at the end of last month.
Shareholders in FXall, formerly known as FX Alliance, making a partial exit in the IPO include financial services firms Morgan Stanley Fixed Income Ventures, Royal Bank of Scotland, HSBC USA, Goldman Sachs, Credit Suisse and Citigroup, each of which made about $6.1m.…
