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TECH

NYSE plans trial run for Snap IPO

February 23, 2017

Safi Bello

Reuters ---- The New York Stock Exchange will conduct a trial run of Snap Inc's initial public offering on Saturday, according to a notice given last week to stock traders, in anticipation of what is expected to be the biggest U.S. technology IPO in nearly five years. In an email to NYSE traders, the exchange said it would offer a "weekend production testing opportunity" on Feb. 25 for firms to "exercise their IPO trading logic." It encouraged all firms to participate by sending samples of order flow they expect to receive from clients. To learn more about NYSE planning trial run for Snap IPO click on the picture below to read the article.