BOOK-BUILDING
\bˈʊkbˈɪldɪŋ], \bˈʊkbˈɪldɪŋ], \b_ˈʊ_k_b_ˈɪ_l_d_ɪ_ŋ]\
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The process of gathering firm ORDERS or INDICATIONS OF INTEREST for a NEW ISSUE of securities. UNDERWRITERS involved in the new issue carry out bookbuilding, and the results are used to determine final deal pricing and order allocations.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.