Investment BankingThe activities of a firm when serving as intermediary between an issuer of securities and the investing pubic.
Firm CommitmentAn arrangement whereby investment bankers purchase the new issue shares of a company outright for resale to the public.
Best EffortsAn arrangement whereby investment bankers, through options to purchase, agree to do their best to sell a new issue to the public.
All or None
An arrangement giving the investment bankers the right to cancel the agreement if a new issue is not fully subscribed.
SyndicateAlso called the purchase group. A group of underwriters that agrees to purchase a new issue of stock from the issuer for sale to the public.
Selling ConcessionThe discount given by the syndicate to members of the selling group.
StabilizationActivities by an underwriter to support the offering price of a new issue stock in the aftermarket.
AftermarketThe trading of a new issue stock after it has been fully subscribed. 投資銀行業(yè)務(wù)作為證券發(fā)行人和投資公眾中介的公司活動(dòng)。
包銷(xiāo)投資銀行購(gòu)買(mǎi)某公司的全部新股向公眾出售的安排。
代銷(xiāo)投資銀行同意通過(guò)購(gòu)買(mǎi)期權(quán)盡努力向公眾出售新股的安排。
整批委托賦予投資銀行在新股沒(méi)有完全被認(rèn)購(gòu)時(shí)取消協(xié)議的安排。
辛迪加或稱為承銷(xiāo)團(tuán)。同意向發(fā)行人購(gòu)買(mǎi)新股并向公眾出售的承銷(xiāo)商。
出售折扣辛迪加向出售團(tuán)成員提供的折扣。
穩(wěn)定化承銷(xiāo)商在后市市場(chǎng)支持新股招股價(jià)的行動(dòng)。
后市股票被完全認(rèn)購(gòu)后對(duì)新股的交易。
Firm CommitmentAn arrangement whereby investment bankers purchase the new issue shares of a company outright for resale to the public.
Best EffortsAn arrangement whereby investment bankers, through options to purchase, agree to do their best to sell a new issue to the public.
All or None
An arrangement giving the investment bankers the right to cancel the agreement if a new issue is not fully subscribed.
SyndicateAlso called the purchase group. A group of underwriters that agrees to purchase a new issue of stock from the issuer for sale to the public.
Selling ConcessionThe discount given by the syndicate to members of the selling group.
StabilizationActivities by an underwriter to support the offering price of a new issue stock in the aftermarket.
AftermarketThe trading of a new issue stock after it has been fully subscribed. 投資銀行業(yè)務(wù)作為證券發(fā)行人和投資公眾中介的公司活動(dòng)。
包銷(xiāo)投資銀行購(gòu)買(mǎi)某公司的全部新股向公眾出售的安排。
代銷(xiāo)投資銀行同意通過(guò)購(gòu)買(mǎi)期權(quán)盡努力向公眾出售新股的安排。
整批委托賦予投資銀行在新股沒(méi)有完全被認(rèn)購(gòu)時(shí)取消協(xié)議的安排。
辛迪加或稱為承銷(xiāo)團(tuán)。同意向發(fā)行人購(gòu)買(mǎi)新股并向公眾出售的承銷(xiāo)商。
出售折扣辛迪加向出售團(tuán)成員提供的折扣。
穩(wěn)定化承銷(xiāo)商在后市市場(chǎng)支持新股招股價(jià)的行動(dòng)。
后市股票被完全認(rèn)購(gòu)后對(duì)新股的交易。