1/30/2024 0 Comments Roblox ipo dayeIt also ends a perfect streak for Citadel Securities, which was the designated market maker on the four major direct listings before Roblox. The task will mark the first time GTS has been chosen to help a high-flying technology firm make its public markets debut through a direct listing. Roblox has tapped Global Trading Systems to serve as the designated market maker for its upcoming direct listing, people familiar with the matter told Insider. Visit Business Insider's homepage for more stories.Roblox's U-turn from a traditional IPO has upset the pecking order of the four prior direct listings, when Citadel Securities and Morgan Stanley acted as the DMM and named financial advisor to the DMM, respectively.The task will mark the first time GTS has been chosen to help a high-flying technology firm make its public markets debut through a direct listing.Roblox has tapped GTS to be the designated market maker when it goes public via direct listing, people familiar with the matter told Insider.Account icon An icon in the shape of a person's head and shoulders.
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