Hi everyone,
Just a quick question here… are Members allowed to participate in IPO trades, assuming after the client and employer execute trades? or is IPO trading prohibited always, or only not allowed when an issue is oversubscribed? Thanks
They’re allowed to participate, after clients’ and employer’s trades.
While it’s recommended not to.
Actually, what’s recommended is “Limited participation in equity IPOs”, _ not no participation_.
As I said, it’s allowed.