OREANDA-NEWS. July 01, 2013. Luxoft Holding, Inc, a subsidiary of IBS Group Holding Limited (“IBS Group”) and a leading Central and Eastern European IT service provider with clients across the globe, opened for trading on the New York Stock Exchange (NYSE) under the ticker symbol “LXFT” after an initial public offering of its common stock. J. Streicher & Co., LLC is the Designated Market Maker for Luxoft’s stock.

President and CEO Dmitry Loschinin, joined by members of Luxoft’s leadership team, celebrated the company’s first day of trading by ringing the NYSE Opening Bell® and visiting the trading floor to observe the stock opening.

“We congratulate Luxoft Holdings as it makes its public debut on the NYSE,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. “Luxoft is a provider of innovative business solutions to some of the world’s largest brands across an array of sectors and a fitting addition to our expanding network of technology companies. We are thrilled to partner with Luxoft as it embarks on its journey as a publicly-traded company and look forward to a successful and lasting partnership with the company and its shareholders.”

“Our successful IPO is the ultimate testament to the unique talent pool in Central and Eastern Europe, our employees that made the company into a success story. We are the second technology company with the resources in that region that is being supported by the investors globally, recognized and welcomed by U.S. tech investors and is welcomed by NYSE Euronext over the last 18 months. United States is one of the key markets for Luxoft. Many Fortune Global 500 companies work with us and we are very excited to have a chance for more visibility and transparency among the North American corporate and investment audience. We are looking forward to stepping into a new life as a U.S. listed public company on NYSE”, said Dmitry A. Loschinin, CEO and a President of Luxoft Holdings, Inc.

For more information on NYSE Euronext’s listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.