About this document
Functions of the New Issue Market by Anusha Raman is a document available to read on EtoBox.
The document discusses the functions of the new issue market, which deals in new financial claims or securities in the primary market. The key functions of the new issue market are organization, underwriting, and distribution of new securities. Organization involves studying the viability of new projects. Underwriting involves subscribing to shares if the public does not fully subscribe. Distribution involves the sale of securities to ultimate investors through brokers and agents.
- Author
- Anusha Raman
- Language
- EN