Blocks to subside but IPOs finally arrive

By Andrew Griffin
31 Jan 2014

The first real stabs of volatility have hit secondary markets over the last week, which most bankers expect to continue over the coming days and to spike any hopes of overnight trades during the next week. But the long-promised IPO supply should begin to arrive at the beginning of February, with some of it coming from surprising names and sectors.

IPOs have long been expected to begin next week, and difficult secondary markets are unlikely to derail many of those transactions, said bankers. Some banks report several IPOs set to launch in the next week — and while they are planning to be flexible in case markets force ...

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