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Subscription: Difference between revisions
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To subscribe is buy a [[financial instrument]] in the primary market, freshly issued, direct from the [[dealer]], rather than by looking in the classifieds and buying second hand. It is very rare to buy shares by subscription (only on an [[initial public offering]]). More common for [[debt securities]] which tend not to be so liquid and not to trade so often in the [[secondary market]], and par for the course for [[Open-ended investment company|open-ended investment funds]] (like {{tag|AIF}}s and {{tag|UCITS}} funds) | {{a|brokerage|}}To subscribe is buy a [[financial instrument]] in the primary market, freshly issued, direct from the [[dealer]], rather than by looking in the classifieds and buying second hand. It is very rare to buy shares by subscription (only on an [[initial public offering]]). More common for [[debt securities]] which tend not to be so liquid and not to trade so often in the [[secondary market]], and par for the course for [[Open-ended investment company|open-ended investment funds]] (like {{tag|AIF}}s and {{tag|UCITS}} funds) | ||
{{Bonds listed}} | |||
{{Sa}} | {{Sa}} | ||
*[[Redemption]] | |||
*[[Equity securities]] | *[[Equity securities]] | ||
*[[Debt securities]] | *[[Debt securities]] | ||
*[[UCITS]] | *[[UCITS]] | ||
*[[AIF]]s | *[[AIF]]s | ||