Transformative tool for brokers
OnMarket
Transformative tool for brokers. Picture this: a stockbroking firm struggles to encourage high-net-worth clients to move funds from cash to equities in a sluggish market. Initial Public Offerings (IPOs), until recently, have been scarce and stock in the best deals, such as placements, is almost impossible to get. And when the firm raises capital for a company, its largest institutional clients usually get the largest share allocation, sometimes leaving high-net-worth investors and medium-size fund managers with scraps in good deals, and too much stock in bad ones. Retail advisers feel their clients are being used as cannon fodder to make up the numbers. Now consider a different scenario using ASX BookBuild, a world-first tool that enables companies -- working with their lead manager -- to price and allocate securities in equity raisings using ASX infrastructure and proprietary technology developed by On-Market BookBuilds. - See more at: (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
Why "buy and manage" is the better way to invest in stocks
Livewire Markets
