Jakub Porzycki | Nurphoto | Getty Images
Retail trading platform eToro on Monday filed for an initial public offering in the United States.
The IPO will come at a time when expected deregulatory moves under the Trump administration encourage more companies to list, though trade policy uncertainty has rattled markets in recent weeks.
eToro’s net income grew to $192.4 million, compared with $15.3 million a year ago.
The company, founded in 2007, provides trading and an investment platform to its customers.
eToro will seek to list its shares on the Nasdaq Global Select Market under the symbol “ETOR.”
Goldman Sachs, Jefferies, UBS and Citigroup are among the underwriters for the IPO.
