Any person who is engaged in the business of issue management either by making arrangement regarding selling, buying or subscribing to securities or acting as manager, consultant, adviser or rendering corporate advisory service in relation to such issue management. The merchant banker earns a fee for such services. Also referred to as Investment Manager or Lead Manager.
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That part of a broking firm which is responsible for post trade activities. The Back-office can be a single department or multiple […]
When a seller is not in a position to deliver the securities he has sold, the buyer sends in his application for […]
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