FX Alliance misses range in NYSE IPO

Foreign exchange trading platform FX Alliance has priced its IPO. The company, which trades under FX on NYSE, sold 5.2 mn shares at $12 each, below the pre-IPO range of $13.50 to $15.50. The lead underwriters were Bank of America Merrill Lynch, GS)" href="http://www.insideipo.com/tag/goldman-sachs">Goldman Sachs and C)" href="http://www.insideipo.com/tag/citigroup">Citigroup.

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Source: Renaissance Capital