New issue
This can be an ipo for a company, or an existing publicly traded company may decide to offer additional stocks and bonds to the public. *see IPO for an explanation.
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Definition
New issue
A stock or bond sold by a corporation for the first time.
RELATED TERMS ...
Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period.
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NEW ISSUE MUNICIPAL SECURITIES or NEW ISSUE - Municipal securities sold during the initial distribution of the issue in a primary offering by the underwriter or underwriting syndicate.
New issue
An issue of shares: when a company either comes to the market for the first time or issues extra shares.
Nominated Adviser (NOMAD) ...
New Issue A stock or bond that is offered to the public for the first time. This can include initial public offerings by previously private companies or additional stock or debt issued by existing companies.
New Issue
A company issuing security to the market for the first time or issuing additional shares.
New Issue
A stock or bond sold by a corporation for the first time.
New issue
Securities that are publicly offered for the first time, whether in an IPO or as an additional issue of stocks or bonds by a company that is already public.
New Issue - A security offered for sale by the issuer for the first time.
No-Load Fund - Refers to an open-end investment company or mutual fund that does not charge a sales fee to buy or sell shares in it.
New Issue - A company coming to the market for the first time or issuing additional shares.
New Shares - Shares newly issued by a company; these shares can usually be transferred on Renounceable Documents.
New Issue
A security being offered to the public for the first time. New issues may be initial public offerings by private companies going public or additional securities of corporations already public.
New Issuer Listing
Occurs concurrently with the posting of the new issuer's securities for trading. The preconditions for listing include the acceptance by the Exchange that all listing requirements and conditions have been satisfied.
New Issue: An offering of stocks or bonds sold by a company for the first time.
New issue: Securities being issued by a corporation for the first time. May be additional shares for a class of securities that are already in existence.
New issues of securities, including what is commonly known as an IPO, or Initial Public Offering, for new stock issues, are offered on the primary market.
NEW ISSUE. An initial public offering, or an issue of securities by a corporation (also known as a primary offering).
NEW YORK STOCK EXCHANGE (NYSE). One of the major stock exchanges.
A new issue of 1.5 million or less during 1 year.
They still must file a letter of notification, in place of a prospectus.
Advantages to issuer: lower legal / filing fees and shorter time needed.
A new issue of an existing stock. (Often the result of a reverse split.)
E
Delinquent in required filings with the SEC as determined by the NASD®.
A new issue brought to market by having a number of underwriting groups (syndicates) competing to win the issue.
Concession
The discount from a dealer's offering price which the dealer will give to another dealer.
If a new issue is over subscribed, subscriber orders are scaled down accordingly. The amount subscribers actually get is called the allotment.
American Depository Receipts ...
Seasoned new issue
A new issue of stock after the company's securities have previously been issued. A seasoned new issue of common stock can be made using a cash offer or a rights offer.
Synonym: new issues market. Market of the first issue of securities (issue) and their sale (placement). Opposite: secondary market (exchange)
Deutsch: Primärmarkt
Prime rate ...
Sale of a new issue, the proceeds of which are to be used, immediately or in the future, to retire an outstanding issue by, essentially, replacing the outstanding issue with the new issue.
Market for new issues of securities (initial public offerings, etc.), where companies issue shares directly to shareholders. See Secondary market
Principal
The face value of a bond.
Seasoned New Issue Additional issue of shares.
Seat A figure of speech for a membership on an exchange.
Primary or new issue CDs that have a set interest rate and maturity date. Several maturities are available and these CDs are not callable.
Bulletin Board Stock
A security that is not listed and traded on an organized exchange.
Although the new issues market is particularly quiet at the moment, CFD traders can often trade a stock from the first day of conditional trading, i.e. when the stock is trading on a 'when-issued' basis.
A market for new issues of shares, debentures and bonds, where investors apply directly to the issuer for allotment on a pre-specified basis (price, minimum application amount etc).
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An option to buy a new issue, fixed-income security at a predetermined price until a specific date. The price is usually at par.
[BEA] advance package advance refunding (A) The refunding of an outstanding issue of securities by the issuance and delivery of a new issue of securities prior to the date on which the outstanding issue of securities can be redeemed or paid in ...
shelf offering The registration of a new issue, which can be prepared up to two years in advance. Also known as called shelf registration. shelf registration The registration of a new issue, which can be prepared up to two years in advance.
Since REMICs appear, new issues of CMOs have nearly disappeared. Red Chip Stocks Shares listed on the Hong Kong Stock Exchange of companies with headquarters and operations in the People's Republic of China.
(See initial public offering, new issue, underwriter) securities
See stock, bond Securities Act ...
When going through a broker it is wise to buy new issues at wholesale whenever possible. You can also go through your broker to invest in bonds that are older and that are traded on the "secondary market.
In the financial industry, a cooling-off period applies when a new issue is being brought to market. During this time, also known as the quiet period, investment bankers and underwriters aren't permitted to discuss the issue with the public.
But, unless you're buying a new issue of a bond trading at face value, it's not. Unlike the coupon rate, which doesn't change, the current yield of a bond fluctuates with a bond's price on the secondary market.
Generally, a brokerage will have certain guidelines or standards in place that the client must meet before a broker will seek to finance the underwriting of new issues through a loan with a broker loan rate.
Pre-sold issue - An issue of securities that is sold, before the details of the new issue are released to the market. The issue can be offered for sale by a company or by the government.
Stag profit is a stock market term used to describe a situation before and immediately after a company's Initial public offering (or any new issue of shares).
As mentioned above, you should always examine groups of stocks together when looking for a new issue to invest in. For example, make a chart and write down the revenues of each. In the next column list the earnings.
The underwriting spread is the difference between the amount paid by the underwriting group in a new issue of securities and the price at which securities are offered for sale to the public.
They simply apply for subscription to new issues expecting to sell them at a higher price later when the issues are quoted on stock exchange. Generally, stags buy new issues and sell them on allotment or even before allotment for a profit.
List of new issues scheduled to come to market shortly.
Calendar effect ...
A printed document that summarizes a corporation's registration statement for a new issue of non-exempt securities that was filed with the SEC. It details material information about the corporation and the security being issued.
Rights allow existing shareholders of a corporation to subscribe to shares of a new issue of common stock before that stock is offered to the public.
The absorption of stock by the public from a new issue.
A strategy of going public used by a company that fails to meet the criteria for listing on a stock exchange.
When a company sells a new issue of securities, this transaction is considered a "primary market transaction".
Prime Rate
Interest rate that is charged by the banks to their most credit worthy customers.
It thus supervises trade in financial instruments, clearing, account administration, new issues and the administration of public offerings.
Underwriting
The process by which investment bankers bring new issues to the market.
Underwriting Manager
The lead firm in a group of underwriters responsible for a new issue.
In addition to trying to make correct trading decisions, new issues have arisen that we must attend to such as anonymity to protect our orders from negative selection and executing our orders with the least possible market impact.
For example, an underwriter who has jointly and severally agreed to a 30% stake in the sale of a new issue must sell 30% of any remaining unsold portion, even if that underwriter has already sold more than this amount in the initial sale.
Underwriter A financial firm (usually an investment bank) that buys new issues of securities from a company and resells them to investors. The underwriter takes on risk by assuring the proceeds of the sale for the issuing company.
Primary Market: Market of new issues of securities.
Prime Rate: Interest rate charged by major banks to their most creditworthy customers.
Tombstone advertisement: For a new issue, an advertisement showing the security being sold, the price, and the names of the broker/dealers from whom a prospectus can be obtained.
Date issuer receives payment for new issue.
Invisibles:
A term for exports and imports of services as distinct from merchandise (visibles).
A stag is an investor or speculator who subscribes to a new issue with the intention of selling them soon after allotment to realise a quick profit.
Strike Price ...
It may be used by specialists to help finance investments of stock they deal in; by brokerage firms to finance the underwriting of new issues of corporate and municipal securities; to help finance a firm's own investments; ...
Underwriter : To assume risk of buying a new issue of securities from the issuing corporation or government entity and reselling it to the public.
underwriter " a firm, normally a brokerage, that agrees to buy the new issue of a company at a fixed discounted price, which they will then sell to the public at retail value ...
 See also: Issue, Market, Securities, Investment, Interest
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