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Royal Mail IPO

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Royal Mail started its first day trading on Friday in what had to be one of the most heavily oversubscribed IPOs in recent history. With thousands of people only being allocated £750 worth despite asking for a lot more.

Shares on Friday traded around 431-456p and with Accendo Markets, only a 10% deposit is required to trade Royal Mail via a CFD.

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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