26.04.2024
FxPro launches Viking shares after IPO
26.04.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​On May 1, 2024, Viking, a company known for its luxury travel, will hold an IPO. When it goes public, brokerage FxPro will start trading Viking shares. 

Retail FX and CFD broker FxPro has announced the addition of a new trading opportunity for its clients. 

"Viking Holdings, a cruise company, is going public with an expected trading date of May 1, 2024. The new stock will be available to buy or sell on your FxPro MT5 account shortly after launch," the broker's official website stated. 

FxPro provided information about CFD trading opportunities on Viking shares. Viking is expected to be valued at $10.8 billion at the IPO. CFDs allow trading based on price movements, whether the stock is rising or falling in value. 

Viking's shares will trade in a price range of approximately $21 to $25 after the IPO, making CFD trading affordable. According to FxPro, traders will be able to trade as few as 0.01 shares. 

Traders will be able to trade Viking shares on an FxPro MT5 account immediately after the launch. 

The FxPro broker has been operating since 2006. The company is licensed by the following financial regulators: CySEC, Bahamas SCB, FCA UK, and FSCA South Africa. 

FxPro successfully serves retail and institutional clients in more than 170 countries. The broker has won more than 85 awards, including Best Forex Trading Platform and Best Trading Platform. 

Read also: Bitget announces the listing of BB tokens on the Pre-market