Cloud IPO Available to TradeStation Clients


A cloud-computing IPO could be coming your way, if you act fast.

Software company SolarWinds (SWI) is going public this week, and we’ve just learned it will be available on our partner ClickIPO.

As many clients know, ClickIPO provides direct access to initial public offerings through its mobile app. Orders for SWI are being accepted through 3 p.m. ET today.

The company was publicly traded through late 2015, when it was acquired by Silver Lake and Thoma Bravo.

Disclosure: This post is for educational purposes only and shouldn’t be interpreted as a trade recommendation or a solicitation to buy or sell securities.

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David Russell is VP of Market Intelligence at TradeStation Group. Drawing on two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.