The Wise direct listing is a hit, trade it with Admirals!
On Wednesday, June 7, 2021, Wise launched its IPO.
Not familiar with this company? Here are the highlights:
Wise, formerly known as TransferWise, is a FinTech giant founded in 2010 by Estonian friends Taavet Hinrikus and Kristo Käärmann, who worked out a new way to make cross-border transfers at the real exchange rate, and have since expanded their product offering to include digital banking and debit services.
The direct listing opened at £8 a share Wednesday morning. The stock rallied as much as 10% to £8.88 by the market close, and is currently holding a £9.5bn ($13bn) valuation.
How can you take part in the event?
As of now, shares in Wise PLC (WISE.UK) will be available for investment to all Admirals clients with Invest.MT5 accounts.
With Invest.MT5, traders can access thousands of shares and ETFs from 15 of the world's largest stock exchanges, all from MetaTrader 5.
Why invest via Invest.MT5?
- Open an account with just €1 and invest from just $0.02 per share with minimum transaction fees of just $1 on US stocks.
- Receive free real-time market data, with no delays, at no extra cost.
- Create a stream of passive income by collecting dividend payouts.
- Use the world-renowned MetaTrader 5 multi-asset class trading platform.
Simply log in to Trader's Room and apply for an Invest.MT5 account to get started.