The fintech company files to go public a day before eToro begins trading on Nasdaq. The deals will test the strength of the IPO market.

The online trading firm, which lets retail users buy and sell stocks, commodities, cryptoassets, hopes to raise $620 million from much-anticipated Wall Street listing The post Israeli-founded eToro debuts on Nasdaq at $4.

If the stock market rally continues, other quality companies that had put their IPO plans on hold are likely to follow,” one expert said.