How does the IPO works in US? Do retail investors get to subscribe to the IPO shares before the listing date? Or the retails investors can only "buy" the shares once they start trading on the exchanges?
> Do retail investors get to subscribe to the IPO shares before the listing date?
Generally no, especially if it's in high demand. My broker allows retail investors to place bids if they have over $250k in their account and agree, as a condition of having access to future IPOs, not to sell within 30 days. However there's still no guarantee of having your order filled.
The prices I quoted were from the first day of trading, not the IPO.
Generally no, especially if it's in high demand. My broker allows retail investors to place bids if they have over $250k in their account and agree, as a condition of having access to future IPOs, not to sell within 30 days. However there's still no guarantee of having your order filled.
The prices I quoted were from the first day of trading, not the IPO.