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CFDs and forex spot transactions are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor lose money when trading CFDs and/or forex spot with this provider. 0.42% of retail clients trading in leveraged products experience a negative account balance after a stop out occurred. You should consider whether you understand how CFDs, forex spot transactions or any of our other products work and whether you can afford to take high risk of losing your money.
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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.

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

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Pay as little as USD 6 commission to buy and sell the stock directly or trade it as a CFD.

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Slack DPO: key facts

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**

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*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.

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    Losses can exceed deposits on margin products. Please ensure you consult our Risk Warning before you start trading and you understand the risks.

    All trading carries risk. Losses can exceed deposits on margin products. You should consider whether you understand how our products work and whether you can afford to take the high risk of losing your money. To help you understand the risks involved we have put together a general Risk Warning series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. The KIDs can be accessed within the trading platform. Please note that the full prospectus can be obtained free of charge from Saxo Bank (Switzerland) ltd. or the issuer.

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