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New Issue Marketplace for Equities & Equity Trading

Across
Allows underwriters to buy additional shares from the issuer and sell those shares (a maximum 15%) if an issue is oversubscribed
Financial commitment by the underwriters
Order to buy or sell at the closing price
Order to buy or sell at the opening price
Registered stock acquired by an affiliate person in the secondary market
Usually set by the underwriters on the morning of the effective date, at which point sales of the offering may begin
Also known as the 20-day waiting period during the registration process
Examples include: insurance companies, registered investment companies, central bank trust funds, or registered investment advisers
Broker-dealer that helps corporations or municipalities raise capital by arranging for new offering of stocks or bonds
Client does not specify a price; order executed at whatever price is available when it reaches the market
Customer desires to buy or sell securities at a specific price
Firm that executes a customer order by locating another party willing to take the other side of the transaction
Down
Advertisement that may contain clause "not an offer to sell"
Stock that is not registered and typically acquired through private placement
Order passes the order review process
The difference between the amount paid by the investing public and the amount received by the issuing corporation
Underwriters acting as placement agents and do not assume financial liability
Preliminary prospectus
Used by clients who are trying to prevent a large loss or protect a profit
Firm that executes a customer order by taking the other side of the transaction itself