eToro Files For IPO, Eyes Nasdaq Listing As Deregulation Under Trump Sparks Market Optimism

Retail trading platform eToro filed for an initial public offering in the U.S.,  seeking to list its shares on the Nasdaq Global Select Market, according to CNBC. The IPO comes amid expectations of deregulation under Trump, although market volatility from trade policy uncertainty lingers. The company offers trading and investment services, and its net income substantially increased compared to the previous year. Goldman Sachs, Jefferies, UBS, and Citigroup will serve as underwriters for the IPO.