Depository trust company (DTC) tracking

Depository trust company (DTC) tracking

A service that provides a method of tracking the exact path of purchases and sales of specific securities in the new issues market. This provides the underwriters with a means of twarting premature selling by holders of the new offerings. Once exposed, the underwriters may impliment penaltys if they desire.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Banking
Category: Initial public offering
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

depository trust company (DTC) tracking

Banking; Initial public offering

A service that provides a method of tracking the exact path of purchases and sales of specific securities in the new issues market. This provides the underwriters with a means of ...

state bank

Banking; Initial public offering

A financial institution that has been chartered by a state to provide commercial banking. A state bank is not the same as a central or reserve bank because those banks are ...

filing range

Banking; Initial public offering

The price range that the underwriter and issuer of the IPO have agreed upon as the tentative minimum and maximum levels the stock will be priced at. This can easily be modified ...

final prospectus

Banking; Initial public offering

The last prospectus to be printed which is after the deal has been officially priced and issued to the public. It contains the final missing pieces to the registration puzzle, ...

firm committment

Banking; Initial public offering

An underwriting that has the committment of the underwriter group to distribute all the shares issued as a result of the new issuance of stock. This is the top eschelon of ...

flipper

Banking; Initial public offering

A trader in the market who is in and out of stocks usually in a matter of days or in the case of new issues maybe a matter of minutes.

float

Banking; Initial public offering

The number of shares of a company that are available for trading by the public. It does not include those shares that are closely held by officers, directors and other so-called ...

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Religion Category: General religion

Xibalba

The name of the Mayan underworld, the name meaning place of fear. This place is well documented in Mayan legends. It is presided over by ten gods, ...