Global professional services firm EY published its Global IPO Trends report for Q3 2017 today and noted that IPO volume this year has already exceeded totals from 2016, with 1,156 deals raising $127 billion through the first nine months. EY expects final numbers for 2017 to range from 1,600 to 1,700 public offerings and between $190 billion to $200 billion in capital raised.

“The timing for any IPO is dependent on both investors’ appetite for new company stocks, which is driven in part by how well the overall stock market is performing, and by the financial and operational story of the individual company pursuing a public offering,” said Greg Beams, a partner in EY’s Seattle office. “One measure of how hungry investors are for new company stocks is how long it takes a company to go public after they complete the initial filing of their IPO registration documents.”

Read the full article: Global IPO market on pace for best year since 2007; more Washington companies expected to go public (GeekWire)