What a treat! European Financial Management has a cool paper by Jay Ritter discussing the differences between the US and European IPO markets. For instance: did you know that in Germany there is a “when issued market” that allows trading in the shares prior to issuance. For what it is worth, this is sort of like how the opening lines are set on NFL football games in Las Vegas. The only question on this one is where to put it. Should it be a corporate story or an international story. Either way, it is a real keeper! [FinanceProfessor.com Annotation]
Content: Article
Author: Jay R. Ritter
Source: European Financial Management
Subjects: Finance, International – Europe
Author: Jay R. Ritter
Source: European Financial Management
Subjects: Finance, International – Europe
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