Global multi-asset broker ThinkMarkets has launched 24/7 pre-IPO CFD markets linked to OpenAI and Anthropic, allowing traders to speculate on the potential market valuations of the two artificial intelligence companies ahead of their anticipated public listings.
The new instruments enable eligible clients to take long or short positions based on each company's expected market capitalization at the close of its first day of public trading.
Unlike traditional equity markets, the contracts are available around the clock, including weekends, allowing traders to respond to developments involving private valuations, fundraising activity and potential IPO announcements.
The products are structured as cash-settled contracts for difference (CFDs), meaning participants do not acquire ownership in either company or receive shares through a future initial public offering.
Each contract is quoted in US dollar billions, with a one-point movement representing a $1 billion change in the company's expected market capitalization.
The instruments are accessible through ThinkMarkets' trading platforms, including ThinkTrader and MetaTrader 5, with demo trading available to eligible clients.
The launch broadens ThinkMarkets' range of alternative trading products as investor interest in artificial intelligence companies continues to drive demand for new market opportunities.
By introducing pre-IPO valuation-based CFDs, ThinkMarkets is expanding access to speculative trading instruments linked to privately held technology companies, while offering trading opportunities beyond conventional exchange hours.
