New message: Slack DPO incoming

The workplace chat provider’s direct listing will open a new channel of opportunity for investors. After it floats on 20 June, you can invest in Slack’s performance or trade it as a CFD.

Range of opportunities

Invest in Slack shares directly or trade it as a single stock CFD and go long or short with leverage.

Industry-leading prices

Pay as little as USD 3 commission to buy and sell the stock directly or trade it as a CFD.

Award-winning platforms

Access advanced stock trading tools from your mobile, tablet or customisable desktop setup.

Expert service

Receive technical assistance, news and analysis and 24/5 access to personal sales traders.

Slack DPO: key facts

The ‘Searchable Log of All Conversation and Knowledge’ launched in 2013. Today, Slack’s cloud-based communication and collaboration tools are used by over 600,000 organisations globally and have more than 10 million daily active users. With only 85k+ of Slack’s clients paying customers, there’s massive growth potential – but the firm is yet to turn a profit.

What is a DPO?
A direct public offering is where a company removes intermediaries from its listing, enabling it to underwrite itself and offer securities directly to the public.

Company name: Slack Technologies
Ticker symbol: WORK
Exchange: New York Stock Exchange
Expected listing date: 20 June
Expected price: In excess of USD 23*
Est. market cap: USD 16.7 billion*
Available as: Cash stock and single stock CFD**

*Based on private transactions, 2018
**Saxo will offer trading on the secondary market from Slack’s first day as a listed company. Its shares will be available for online order entry after the markets close on the day before the listing date.

Our experts’ take on IPOs

Get insights and the latest public offering news from the SaxoStrats, our team of top-tier analysts.
2

Opening an account is easy

Register

Choose an account tier and submit your application

Fund

Add funds quickly and securely via debit card or bank transfer

Trade

Access 19,000+ stock across 36 exchanges

Saxo
40 Bank Street, 26th floor
E14 5DA
London
United Kingdom

Contact Saxo

Select region

United Kingdom
United Kingdom

Trade Responsibly
All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more
Additional Key Information Documents are available in our trading platform.

Saxo is a registered Trading Name of Saxo Capital Markets UK Ltd (‘Saxo’). Saxo is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA. Company number 7413871. Registered in England & Wales.

This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.

It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. If you are still unsure if investing is right for you, please seek independent advice. Saxo assumes no liability for any loss sustained from trading in accordance with a recommendation.

Apple, iPad and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc.

©   since 1992