How does pre-IPO trading or "grey markets" work? #cmcmarkets # #trading

CMC Markets2 days ago0:40

Pre-IPO ‘grey markets’ were once largely reserved for financial institutions. Now, you can get access and take a view on the potential IPO prices of companies like OpenAI and Anthropic with CMC Markets. How does pre-IPO trading or, grey markets, work? Vaughn Affonso, Co-Head of Dealing, explains more in this clip. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how these products work and whether you can afford the high risk of losing your money.