ITS provides access to pre-market trading in two U.S. IPO stocks
The international trading platform ITS has granted investors access to trade shares of companies conducting initial public offerings (IPOs) on U.S. stock exchanges before the start of regular trading in the United States.
On 24 July 2025, following its IPO on the New York Stock Exchange, investors will be able to purchase shares in McGraw Hill, Inc. (ticker: MH), a provider of personalised educational solutions. Orders may be submitted from 15:00 Astana time – 3.5 hours before the U.S. main session opens.
Also on 24 July, investors will be able to purchase Class A shares in the specialist insurance platform Accelerant Holdings (ticker: ARX), which is also listing on the New York Stock Exchange. Orders may likewise be submitted from 15:00 Astana time.
Indicative pricing may be guided by the information disclosed by the issuers as part of their IPOs. Liquidity will be supported by a market maker providing two-way quotes.
The newly listed shares will be traded without restrictions and under standard conditions. No lock-up period applies, and clients may buy and sell them both before and after the start of public trading in the U.S. There is no minimum order size, and investors may purchase any quantity of shares. All transactions will be subject to the standard ITS trading fees.
This material does not constitute investment advice or an offer to purchase securities. ITS reminds investors that buying stocks, particularly at the IPO stage, involves elevated risks. Following the initial listing, shares may exhibit high volatility, including sharp price fluctuations in the first days of trading.
About ITS
ITS is an international liquidity hub. Central to ITS's business model are the principles of best execution and smart order routing technology. These principles enable investors to execute securities transactions at the best prices available on the global financial market, regardless of the transaction volume. This technology ensures that the liquidity for foreign securities on ITS matches that of leading international platforms where these securities are traded.
ITS Central Securities Depository Limited, the central depository for ITS, offers depository services for the storage and settlement of securities. The depository has received Qualified Intermediary with primary withholding responsibility (WQI) status from the U.S. Internal Revenue Service (IRS).
Operating a clearing house that acts as a Central Counterparty, ITS assumes the counterparty role for all obligations of clearing participants and manages the clearing process for transactions on the ITS trading platform.
ITS also calculates its own indexes: the ITS World index (ITSW) and the ITS Shariah index (ITSS).
Trading of the first ETF in Central Asia and Caucasus, pegged to the performance of ITS’s own index – ITS World (ticker: ITSW), began on ITS in November 2024, providing a wide range of investors with a convenient and balanced instrument for investing and trading with a low entry threshold. In January 2025, the ETF lineup expanded with the introduction of a fund based on the ITS Shariah Index.
ITS's direct clients include professional securities market participants from Kazakhstan and other countries, such as financial intermediaries who are accredited and directly registered at the AIFC. Investors, both private individuals and legal entities, access trading through these financial intermediaries, such as brokers and banks.
ITS Press Service
pr@itsx.kz