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Since the start of 2016, we have seen a number of companies from the foreign exchange industry getting the IPO fever and some successfully listing on a couple of occasions. The IPO of the year clearly is CMC Markets’ venture into the London Stock Exchange with a valuation of $1 billion at the time.
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While shares of the company have rallied over 16 per cent since the listing, the U.S. dollar value of the company has barely budged due to the dramatic decline ... (read more)