TechFinancials Shares Now Trading on London Stock Exchange AIM as TECH

Trading in shares of binary options brokerage solutions provider TechFinancials has started on the London Stock Exchange Alternative Investment Market (LSE AIM). This initial public offering by TechFinancials marks the first IPO for the binary options industry.

The Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term technology firm is now listed on the LSE AIM marketplace under the pithy ticker symbol: TECH.

TechFinancials, together with investment bank Northland Capital Partners Limited, successfully raised approximately £3.05 million (before expenses) through the issue of 11,304,709 new ordinary shares at a price of 27 pence per ordinary share. TechFinancials' market capitalisation on admission, based on the placing price, is approximately £18.4 million.

Asaf Lahav, commented: "I am very pleased that TechFinancials' shares are admitted to AIM today. TechFinancials is well placed to capitalise on the opportunities which being a publically listed company brings. The support from new and existing investors to the transaction has been encouraging and the Board looks forward to growing long-term shareholder value in line with our ambitious growth plans."

After initially being planned for March 11th, the first-ever retail binary options related IPO was delayed till today as the company met some difficulties in the process.

The LSE AIM is already known as a popular venue for raising public capital for the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term industry. Both the CFD broker Plus500 and SafeCharge, the payments solutions provider specializing in forex brokers and online gambling sites, had successful IPOs at AIM which made many FX brokers and service providers start looking at their own prospects. Following today's event we might see a similar trend toward London at the binary options trading industry.

Ahead of the IPO, the TechFinancials' founders sat down with Forex Magnates to explain the firm's position as its shares were about to get listed. We met with Asaf Lahav and Eyal Rosenblum, Co-Founders and Co-CEOs of TechFinancials, at the company’s offices in Herzliya to hear from them about the IPO process, new products in development and their plans to take the industry to the next level.