IXNET Files For IPO To Expand Network, Increase Content


NEW YORK--Seeking to expand its financial networking operations, IPC Information Systems' Ixnet subsidiary has filed for an Initial Public Offering (IPO). The IPO is expected to raise $185 million from approximately 20 per cent of the stock.


The announcement came as Reuters filed a lawsuit against the company, which could have affected the IPO schedule, but was later settled out of court (see related story, this issue).

Ixnet, among other things, operates a Liquidity Network, which

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: