ANT vs ANT.24H: Anthropic’s Two CFD Symbols

by VT Markets /
Nov 5, 2026

One of the most anticipated stock market debuts in history may be only days away. Anthropic, the San Francisco company behind the Claude family of AI models, has filed publicly for a Nasdaq listing, and media reports point to a first day of trading as soon as 16 November 2026. For traders, the headline question is not only whether Anthropic stock will list, but how to access it, and that is where two new symbols come in: ANT and ANT.24H.

Key Takeaways

  • ANT and ANT.24H are two separate share CFD symbols for Anthropic, both offered on MetaTrader 5 (MT5) with 1:10 leverage and a minimum lot of 0.1.
  • The single practical difference is when you can trade: ANT follows the standard Nasdaq session; ANT.24H is an extended variant that allows weekday trading beyond US market hours.
  • Both are distinct from ANTHUSD, which is a pre-IPO product currently available. ANT and ANT.24H track real, listed Anthropic shares — and require the IPO to go ahead before they can follow a price.
  • Anthropic publicly filed its S-1 on 26 October 2026 and plans to list Class A shares on the Nasdaq Global Select Market under the ticker ANT. Reports from the Wall Street Journal, Reuters and Yahoo Finance point to first trading as soon as 16 November 2026 — Anthropic has not confirmed a date.
  • Anthropic’s last stated post-money valuation was $965 billion (Series H, May 2026). First-half 2026 revenue reached approximately $16.3 billion, up from $1.2 billion in the same period a year earlier.
  • A 10-for-1 stock split took effect on 17 September 2026. Any per-share prices you find online from before that date need to be divided by ten to be comparable with the expected listed price.

What ANT and ANT.24H Actually Are ?

ANT and ANT.24H are two contracts for difference (CFDs) on Anthropic’s Nasdaq-listed Class A shares. Both carry identical specifications — 1:10 leverage, a minimum lot of 0.1, and availability on MT5 initially, with app and web trading to follow. The single difference between them is trading access: ANT follows the standard Nasdaq session; ANT.24H (also written as Anthropic.24H) is the extended variant that gives traders access on weekdays beyond standard US market hours.

VT Markets is offering both symbols ahead of Anthropic’s anticipated Nasdaq listing, which is reported to be as soon as 16 November 2026.

If you have been watching ANTHUSD, it is important to be clear: ANT and ANT.24H are entirely separate products. ANTHUSD is a pre-IPO instrument. ANT and ANT.24H will track real, publicly listed shares — but only once the IPO goes ahead and trading begins.

This guide explains what ANT and ANT.24H are, how they differ from each other and from ANTHUSD, and what to understand before you consider trading either symbol.

ANT vs ANT.24H

Anthropic’s IPO: What Is Confirmed and What Is Still Unconfirmed

One of the most anticipated technology debuts in recent memory may be only days away. Anthropic — the San Francisco company behind the Claude family of AI models — filed its S-1 registration statement with the US Securities and Exchange Commission (SEC) on 26 October 2026, formally opening the path to a public listing.

Before examining ANT and ANT.24H in detail, it is worth separating hard facts from media reports. As of November 2026:

ItemStatus
Public S-1 filingConfirmed: 26 October 2026
Confidential draft filedConfirmed: 1 June 2026
Exchange and proposed tickerNasdaq Global Select Market, ANT (Class A common stock)
UnderwritersGoldman Sachs and Morgan Stanley
First trading dayNot confirmed. Yahoo Finance calculates 16 November as the earliest possible first trade under SEC rules; the Wall Street Journal and Reuters report the same target week
Offer price and share countNot yet set — blank in the S-1
Amount to be raisedReported as up to $100 billion; not confirmed by Anthropic
Last private valuation$965 billion post-money (Series H, May 2026)
IPO valuationNot set; investor reports of $1.5–$2 trillion are unconfirmed

A reminder worth keeping in mind: IPO dates are working targets until the roadshow, pricing and SEC sign-off are complete. Every date in this article should be read as reported, not as a guarantee. For the full timeline — including what the SEC’s 20-day effectiveness rule means for the 16 November estimate — see our dedicated Anthropic IPO date guide.

ANT vs ANT.24H: The Difference That Actually Matters

If both symbols share the same underlying, the same leverage, and the same minimum lot, what exactly separates them?

The answer is time — specifically, when you can trade.

Side-by-Side Comparison

FeatureANTANT.24H
UnderlyingAnthropic Class A shares (Nasdaq: ANT)Same underlying
Leverage1:101:10
Minimum lot0.10.1
PlatformMT5 (app and web trading to follow)MT5 (app and web trading to follow)
Trading sessionStandard Nasdaq hoursExtended weekday access beyond the Nasdaq session
Suited toTraders active during the US sessionTraders in Asia, MENA or those reacting to out-of-hours news

Both are contracts for difference, meaning you speculate on the price direction of Anthropic’s shares without owning them, with the option to go long or short. Neither requires you to participate in the IPO allocation process itself.

ANT: The Standard Nasdaq Session Symbol

ANT is the straightforward share CFD. It tracks Anthropic’s price during the standard Nasdaq session, which runs from 09:30 to 16:00 Eastern Time — that is 14:30 to 21:00 UK time, or 21:30 to 04:00 SGT.

For many traders, the standard session is where liquidity tends to be deepest and price discovery most active, particularly in the first days after a listing. A newly listed company typically sees its highest volumes — and therefore tighter spreads and more reliable execution — during the regular trading hours. If you plan to trade around key early events such as the opening bell, the first-day close or initial earnings releases, ANT is typically the symbol to look at first.

ANT.24H: Extended Weekday Access

ANT.24H is the extended variant. Anthropic generates news at all hours: model launches, partnership announcements, regulatory developments and competitor moves rarely respect the New York opening bell. For a trader in Singapore, the standard Nasdaq session begins at 09:30 PM local time. In the Gulf, it falls in the early evening. ANT.24H is designed for exactly those situations — giving you access to Anthropic’s price beyond the standard session on weekdays.

A precaution worth noting: outside the main exchange session, liquidity is typically lower, bid-ask spreads may widen and prices can move in larger, more abrupt steps. Extended access therefore comes with a different risk profile from trading during core Nasdaq hours. Before using ANT.24H, check the specific session times, spread policy and overnight financing charges in MT5.

Which Symbol Should You Use?

There is no single correct answer — it depends on your situation and trading hours:

  • Choose ANT if you trade primarily during the US session, want the tightest typical conditions, and are comfortable tracking New York market hours.
  • Choose ANT.24H if you are based in Asia, the Middle East or another region where the Nasdaq session falls at inconvenient hours, or if you expect to need to react to out-of-hours IPO-related news.

Always verify the specific sessions, spreads and swap charges for each symbol directly in your MT5 contract specifications before placing a trade. These details may differ between the two symbols.

ANT vs ANT.24H vs ANTHUSD: Why These Three Are Not the Same

With multiple Anthropic-linked symbols now available in the market, confusion is understandable. Here is the key distinction:

FeatureANTHUSDANT / ANT.24H
What it tracksMarket expectations of Anthropic’s value before listingAnthropic’s Nasdaq-listed Class A shares once they trade
AvailabilityAvailable now, with 24/7 pricingLinked to the IPO proceeding and shares starting to trade
NatureSpeculative pre-IPO productStandard share CFD
Price referencePre-IPO implied pricing (recently around $1,879 after a spike towards $1,966)The actual first-day and post-listing Nasdaq share price
DependencyIndependent of the IPO proceedingRequires Anthropic to list on the Nasdaq

ANTHUSD has been a way to speculate on sentiment around the listing before Anthropic’s shares exist on a public exchange. ANT and ANT.24H are designed for what comes after — once real shares begin trading.

Take note: some other venues already list products labelled “ANT” or “ANTH” that are their own pre-IPO perpetual contracts — not Nasdaq share CFDs. Always confirm which product you are looking at, on which platform, and what exactly it tracks before placing a trade.

What Is Anthropic AI? The Company Behind the ANT Ticker

For traders less familiar with the company, a brief overview provides useful context for understanding what will be priced into ANT on day one.

Anthropic PBC is an artificial intelligence company headquartered in San Francisco. Founded in 2021 by former OpenAI researchers — including Chief Executive Dario Amodei, President Daniela Amodei and Chief Scientist Jared Kaplan — the company employed approximately 5,300 people by September 2026.

Claude Models: Anthropic’s Flagship Product

Anthropic’s core commercial product is the Claude family of large language models. The line-up is structured across tiers:

  • Haiku — optimised for speed and cost in high-volume tasks
  • Sonnet — a balance of capability and efficiency, widely used in enterprise applications
  • Opus — the highest-capability tier for complex reasoning
  • Fable — flagship class for advanced multimodal use cases

Revenue is generated primarily through consumption-based API access (approximately 80% of first-half 2026 revenue) and subscriptions (approximately 20%). The company reported more than 1,900 customers each paying over $1 million a year, and 48% of revenue came via cloud marketplaces — principally Amazon Web Services and Google Cloud.

Governance and What Public Buyers Actually Own

Anthropic’s share structure is worth understanding before any trade:

  • Class A shares — the shares offered to the public via the IPO. One vote each.
  • Class F shares — held by founders. This class alone carries 50.1% of general voting power, meaning founders retain effective control regardless of the number of Class A shares outstanding.
  • Class T shares — held by the Long-Term Benefit Trust, which elects a majority of the board.

Under Nasdaq rules, Anthropic qualifies as a controlled company. Buyers of Class A shares gain economic exposure to the company’s performance, but hold limited influence over its direction. This structure is not unusual for large technology IPOs, but it is worth factoring into your view of the listing.

For a full company overview, our guide to what Anthropic is covers the history and structure in detail.

Anthropic’s Route to the Nasdaq: Funding and Valuation

Anthropic remained private for five years, funded through a sequence of rounds that saw its valuation rise sharply:

RoundDateAmount RaisedPost-money ValuationKey Investors
Series EMarch 2025$3.5B$61.5BLightspeed Venture Partners
Series FSeptember 2025$13B$183BICONIQ, Fidelity, Lightspeed
Series GFebruary 2026$30B~$380BGIC, Coatue
Series HMay 2026$65B~$965BAltimeter, Dragoneer, Greenoaks, Sequoia

Strategic investors and large commercial partners include Amazon ($8 billion invested, primary cloud infrastructure partner) and Google (minority stake, access to up to one million TPUs). These relationships are both a source of competitive advantage and a form of customer concentration: two of Anthropic’s largest strategic investors are also its two largest customers.

A 10-for-1 stock split took effect on 17 September 2026. If you encounter older per-share prices or analyst price targets from before that date, divide them by ten to make them comparable with the expected Nasdaq listing price.

What the S-1 Shows: Revenue, Losses and the Numbers Behind the Story

The S-1 filing provides the first detailed public view of Anthropic’s finances. These figures come from the filing as reported in third-party summaries — verify them against the source document on the SEC’s EDGAR system before relying on them for any purpose.

MetricFigure
Revenue, full year 2024$0.386B
Revenue, full year 2025$4.585B
Revenue, H1 2025$1.163B
Revenue, H1 2026$16.286B
Operating loss, H1 2026$693M
Operating income, Q2 2026$974M
Net loss, H1 2026$80.748B*
Operating cash flow, H1 2026$3.929B inflow
Net revenue retention~900%
Customers paying $1M+/year1,900+
Compute spend, H1 2026~$9B

*The $80.7 billion net loss requires context: approximately $72.4 billion is a non-cash accounting charge for changes in the fair value of convertible notes, which rose largely because Anthropic’s own implied valuation rose. Once those notes convert into equity after listing, the fair-value accounting swings should cease. The underlying operating loss for the half was $693 million, and Q2 2026 showed operating income of $974 million — a meaningful shift.

First-half 2026 revenue was roughly 14 times the same period in 2025. Whether that rate of growth can be maintained as the revenue base compounds is likely to be one of the central questions investors will focus on once trading begins.

The Anthropic (ANTH) Price Chart: How to Read It Before and After Listing

Searches for the Anthropic (ANTH) price chart reflect a naming quirk of the pre-IPO period. “ANTH” is widely used as the label for Anthropic’s private-company listing on Yahoo Finance (ANTH.PVT, showing the $965 billion private mark) and for various pre-IPO products, whilst the proposed Nasdaq ticker for the actual public shares is ANT. Knowing which chart you are looking at matters.

Pre-IPO Charts: What They Show — and What They Do Not

Pre-IPO prices — including ANTHUSD — are driven by sentiment, news flow and relatively thin trading volumes. ANTHUSD, for instance, spiked towards $1,966 around the time of the S-1 filing before settling back towards $1,879. Those moves reflect changing expectations about the eventual IPO valuation, not a traded exchange price, and they can reverse quickly if the news environment changes.

Treat any pre-IPO chart as a gauge of market sentiment, not a forecast of what the Nasdaq opening price will be.

What Changes When ANT Begins Trading

When shares begin trading, a real order book appears. The first print, the opening gap (the difference between the offer price set the night before and the first trade), intraday volume and the first closing price all become concrete reference points that were simply not available before listing.

Early price action in large IPOs can be sharply volatile. A 10-for-1 stock split took effect on 17 September 2026, so historical per-share data from before that date may not be directly comparable with the listed price.

Chart tools on MT5 — including moving averages, RSI and volume overlays — will be available for both ANT and ANT.24H. A reminder: a newly listed share has no price history, which means longer-term indicators have very little data to work with in the first sessions. Many traders begin with shorter timeframes and support-and-resistance levels drawn from the first few trading days, then widen their view as history accumulates. Our technical analysis guide covers these tools in more detail.

What Could Move Anthropic Stock After Listing?

Newly listed shares are priced by a mix of fundamentals, supply and demand, and broader market appetite. Based on the S-1 and coverage to date, the following factors are most likely to influence Anthropic’s price after listing:

  • Revenue growth and retention: First-half 2026 revenue was roughly 14 times the year-earlier period, and net revenue retention was approximately 900%. Whether that rate of growth holds as the base scales is the question most analysts will be watching.
  • Profitability trajectory: Q2 2026 operating income of $974 million is the figure most models will project forward. Once convertible notes convert into equity after listing, the fair-value accounting swings in reported net income should ease considerably.
  • Compute and infrastructure spending: Approximately $9 billion was spent on infrastructure in the first half of 2026. Future spending levels and how they are funded will matter to investors watching margin progression.
  • Customer concentration: Amazon and Google are the two largest customers and account for a significant share of revenue via cloud marketplaces. Any shift in those relationships would be material news.
  • Competition and pricing: Moves by rival AI laboratories — model releases, price cuts, new coding or reasoning products — can rapidly shift sentiment across the whole sector. Our guide to top AI stocks in 2026 shows how the wider group has traded this year.
  • Lock-up expiry: Most existing holders are subject to lock-up arrangements until the earlier of Q1 2027 results or Day 180 from listing. When locked shares become available to sell is a scheduled, calendar-driven supply event. For the mechanics, see our Anthropic IPO lock-up guide.
  • Regulation and litigation: Copyright cases, export controls and AI-specific regulation all feature in Anthropic’s risk factors — roughly 80 of the filing’s 261 pages address risks.
  • Nasdaq and technology sector sentiment: The Nasdaq 100 and overall appetite for technology shares will provide the broader backdrop for ANT’s price.
  • AI valuation debate: Our piece on whether there is an AI bubble covers that debate.

You might also find it useful to compare Anthropic’s profile against OpenAI stock as context for how the market has approached another leading AI company.

Position Sizing on ANT and ANT.24H: A Simple Worked Example

Understanding position sizing before a high-profile listing is a practical step that is easy to skip and harder to recover from. The following is a hypothetical illustration only — always verify the actual contract size and current margin requirements in MT5 before placing a trade.

Assume a share price of $50 and, for illustration, a contract size of 100 shares per standard lot:

CalculationResult
0.1 lot × 100 shares × $50 share price$500 notional exposure
$500 ÷ 10 (leverage)$50 margin required
$1 move in share price$10 change in position value (10 shares × $1)
10% adverse move$50 loss — equal to the entire margin posted

The key lesson: a small margin controls a much larger exposure. A relatively modest move in the share price can exceed the margin on a position — and this effect is amplified in the volatile first sessions of a new listing. Many traders limit their risk to 1–2% of account equity per trade and set a stop-loss order before entering rather than after. Our guide to effective stop-loss strategies explains how to approach this in practice.

Key Cautions Before Trading Anthropic CFDs

Before trading any newly listed instrument — and especially one at the scale of Anthropic’s IPO — here are the points we would encourage every trader to consider:

  • Precaution — the IPO date is not confirmed. No first trading date has been set by Anthropic. Regulatory steps, market conditions or pricing issues can delay a listing. ANT and ANT.24H depend on the IPO proceeding; if it is delayed, they cannot follow a price that does not yet exist.
  • Reminder — leverage amplifies both gains and losses. At 1:10, a 10% adverse move can erase the entire margin on a position. CFD trading carries a high level of risk and may not be suitable for everyone.
  • Caution — first days of a new listing can be exceptionally volatile. Opening gaps, wide spreads and sharp intraday swings are common in the first sessions, and stop-loss orders may be filled at a different price from the one set.
  • Take note — ANT.24H extended hours carry extra risk. With ANT.24H, lower liquidity outside the main session can widen spreads and increase slippage. This is the trade-off for extended access, not a defect — but it needs to be planned for.
  • Reminder — trading costs accumulate. Spreads and overnight financing charges can become material if positions are held for several days. Review the swap rates in the MT5 specification before holding overnight.
  • Caution — the IPO price is unknown. With no offer price yet set, the first traded price of ANT could differ significantly from the private-round marks quoted online. Pre-IPO valuations are not a reliable guide to the opening price.
  • Take note — availability varies by jurisdiction. Not all products and services are available in every country. Confirm that trading Anthropic CFDs is accessible where you are based before opening a position.

This article is general information and does not take into account your personal circumstances, experience, financial situation or objectives. Consider seeking independent financial advice before trading.

How to Prepare for ANT and ANT.24H Before the IPO Bell

If you plan to trade ANT or ANT.24H around the listing, preparation matters more than timing. Practical steps to take now:

  1. Practise first. Use a demo account to rehearse position sizing, stop placement and order types before IPO week. Our paper trading guide explains how to make practice sessions as useful as possible.
  2. Read the MT5 contract specifications. Before any trade, review the session times, spread policy, swap charges and contract size for both ANT and ANT.24H directly in MT5. These are the definitive source.
  3. Watch the calendar. Track the amended S-1 filing, roadshow dates, pricing announcement and first-trade date. Add macro events in the same week to your view.
  4. Set your risk limits before the bell rings. Decide your maximum loss per trade and per day in advance, not after the market opens. This is especially important on day one of a high-profile listing.
  5. Choose your symbol deliberately. If you trade during the Nasdaq session, ANT is typically the right starting point. If you need access beyond those hours, ANT.24H provides that — with the additional liquidity considerations in mind.
  6. Plan for volatility. Our volatility trading guide outlines approaches for fast-moving markets, including how to size positions when spreads are wide and how to manage entries around gapping conditions.

Start Online CFD Trading With VT Markets Today

If you are ready to put your understanding of Anthropic and the AI sector to work in live markets, VT Markets provides access to tools and platforms to help you get started. Trade on powerful platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), designed for speed, reliability and advanced trading features — exactly what you need when IPO headlines drop and financial markets move fast.

New to trading? Practise without risking real capital with a VT Markets demo account before committing to a live account — ideal for simulating reactions to major listing events across currency pairs, US indices, shares and commodities.

Open your live account with VT Markets today and access secure, transparent and competitive CFD trading across some of the world’s most popular markets.

Frequently Asked Questions

What is the difference between ANT and ANT.24H?

Both are share CFDs on Anthropic’s Nasdaq-listed shares, offered on MT5 with 1:10 leverage and a minimum lot of 0.1. The difference is trading access: ANT follows the standard Nasdaq session (09:30–16:00 Eastern Time); ANT.24H is the extended variant that allows trading on weekdays beyond those hours. This is designed for traders in Asia, the Middle East and other regions where the US session falls at inconvenient times, or for anyone who needs to react to Anthropic-related news that breaks out of hours. Session times, spreads and swap charges for each symbol are listed in the MT5 contract specifications.

How are ANT and ANT.24H different from ANTHUSD?

ANTHUSD is a pre-IPO product that lets traders speculate on expectations around Anthropic’s valuation before the company’s shares exist on a public exchange. It is available now, with 24/7 pricing. ANT and ANT.24H are share CFDs designed to track Anthropic’s Nasdaq-listed Class A shares once they begin trading — meaning they depend on the IPO proceeding successfully. If the listing is delayed, ANT and ANT.24H cannot follow a price that does not yet exist.

When is the Anthropic IPO date?

Anthropic has not confirmed a first trading date. The company filed its S-1 publicly on 26 October 2026 and is targeting a listing on the Nasdaq Global Select Market under the ticker ANT. Reports from the Wall Street Journal, Reuters and Yahoo Finance point to trading beginning as soon as 16 November 2026, based on the standard SEC 20-day effectiveness period from a public S-1 filing. The offer price range and share count have not yet been set. See our Anthropic IPO date guide for the full timeline.

Is CFD trading on Anthropic shares suitable for beginners?

CFDs are leveraged products, and a newly listed share like Anthropic’s can be highly volatile in its first sessions. They may not be suitable for everyone. Beginners are encouraged to start on a demo account, use the minimum lot size of 0.1, set a stop-loss order before entering any trade, and read the contract specifications carefully before trading live. The 1:10 leverage on ANT and ANT.24H means that both gains and losses are amplified relative to the margin posted. Understanding what a CFD is and how CFD leverage works before you trade is strongly recommended.

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