InvestX announces Pre-IPO stock trading for broker-dealers

Rick Steves

Retail investors are growing frustrated by always showing up late to the equities trading party as growth stocks face high demand in a world tied to remote work under lockdowns. Pre-IPO investing could be the next big thing.

new-york-city

The much-desired opportunity of investing in pre-IPO giants may finally become a reality for many retail traders as broker-dealers will be provided with greater access, liquidity, and transparency in private markets with the launch of InvestX GEM – an acronym representative of the high-growth industry, Growth Equity Marketplace.

InvestX aims to end the typical long holds of private investing and allows for block and single share trading. The platform connects broker-dealers with access to shares of private billion-dollar tech companies and offers them a platform to trade these shares.

FIX connectivity for real-time information and trading is the key differentiator of the company’s offering. The cloud-based solution can be connected via a web-based login or a FIX protocol, which integrates directly with the back-end systems of broker-dealers, further facilitating the electronic trading of private securities.

Marcus New, Chief Executive Officer of InvestX, said: “Last year we saw an enormous influx of pre-IPO giants going public and doubling in their trading debuts from their set IPO price. As this asset class continues to explode, we are excited to introduce a next-generation electronic platform to more easily facilitate private market transactions. We continue to work to democratize investing in private equity, and our marketplace does just that by creating new opportunities for accessing and trading in the once elusive private markets.”

The launch of InvestX GEM is coupled with the opening of its new headquarters in New York City and the appointment of Brian Schaeffer as Managing Director, Head of Business Development: “InvestX GEM is democratizing the private equity markets by creating a trusted marketplace for the sell side to invest in private securities. We have designed a platform and user interface that has the same tangibility that traders are familiar with, said Schaeffer.

Pre-IPO stock trading might become a new trend among retail traders and an opportunity for multi-asset trading platforms to compete for customers.

Read this next

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

<