Democracy comes to the stock markets, Michael McCarthy is the Chief Market Strategist for CMC Markets online brokers, his opinion piece appeared in The...
OnMarket
Democracy comes to the stock markets, Michael McCarthy is the Chief Market Strategist for CMC Markets online brokers, his opinion piece appeared in The Australian this morning: ONLINE broking is a competitive business. Brokers live or die by the value and service we deliver to clients. So improving services is vital to our success. Until recently clients of online brokers were rarely able to participate in initial public offerings (IPOs) or other capital raisings. The largest brokers had the broadest client reach, so companies raising capital had little choice but to use them. Other brokers and their clients were left out in the cold. ASX BookBuild has turned this upside down. Clients of any broker - online brokers included - are now able to obtain stock in capital raisings. Building on other recent ASX innovations, our -clients now have access to a much wider range of investment opportunities. More: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
By
OnMarket,
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising platform: ASX BookBuild. This platform gives companies control over pricing and allocations combined with the all-of-market reach of an exchange.
Then, in our quest to bring companies and investors closer together, we built OnMarket - the world's first free-access portal into capital raisings.
We are strong believers in the power of technology to transform capital markets and we believe that democratising access to capital raisings via technologies like ASX BookBuild and OnMarket is a giant leap in the right direction.
More information can be found at www.onmarketbookbuilds.com.
1 topic
OnMarket
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
Expertise
No areas of expertise
OnMarket
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
The 7 zombie companies lurking on the ASX 300
Livewire Markets