An issuing house is responsible for sponsoring the issue of a new security on the Stock Exchange or an over the counter market. The definition has also spread to include any merchant bank or dealer in securities which is involved in such an issue. The issuing house will have been closely involved in the process leading up to the flotation and will have advised the company on its timing pricing etc. See Also Online share dealing service Stockmarket Centre ©Moneyextra.com Moneyextra.com recommends you take independent financial advice before acting on any article 2009-02-17 00:00:00 © Moneyextra.com