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Moneyextra.com Dictionary
Placing
Placing is a way of issuing shares in a private company which is seeking a stock exchange listing.
Rather than seeking applications from the public for shares the broker or issuing house looks for clients such as wealthy individuals and financial institutions who are willing to buy large numbers of the new shares at a fixed price.
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