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Deal flow |
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Deal flowIn investment banking, the rate at which new deals are referred to a brokerage firm.Deal flow Similar MatchesEuropean Association of Securities Dealers Automated QuotationEuropean Association of Securities Dealers Automated QuotationEASDAQ was set up in 1996 as a pan-European stock market for technology and growth stocks. It now has about 60 companies listed with an average market capitalisation of £350m.UK investors can buy shares in companies listed on EASDAQ through a registered European broker. They are listed on the EASDAQ website - http://www.easdaq.com. Foreign exchange dealerForeign exchange dealerA firm or individual that buys foreign exchange from one party and then sells it to another party. The dealer makes the difference between the buying and selling prices, or the spread. All paper dealAll paper dealWhen one listed company bids for another company (listed or private), and offers to pay in three ways:all cash: the shareholders of the target company get cash for their sharescash and paper: the shareholders of the target company get some cash for their shares, and some of the shares in the bidding companyall paper: the shareholders of the target company only get shares in the bidding company for their shares in the target companyObviously, the attraction of an all paper deal to shareholders in the target company will depend on how much confidence they have in the bidding company (do they want to own its shares?) and whether they think the relative valuations of the two companies' shares are fair.There can be some tax advantages to taking shares from a bidding company, rather than cash. The swap of shares is not deemed to be a disposal of the target company shares, so there is no immediate capital gains tax liability. If you take cash for your shares, it is a disposal, and there may be CGT to pay. Deal stockDeal stockStock subject to merger or acquisition, either publicly announced or rumored. National Association of Securities DealersNational Association of Securities DealersThe association which owns and operates NASDAQ. Further SuggestionsDealer loanJapanese Association of Securities Dealers Automated Quotation System (Jasdaq) National Association of Securities Dealers Automatic Quotation System (Nasdaq) International Swap Dealers Association (ISDA) forward dealing Sticky deal After hours dealing or trading Canadian Dealing Network (CDN) bought deal directors dealings Odd lot dealer Bought deal Trading desk (dealing desk) Selected dealer agreement Incestuous share dealing Dealers spread Cram down deal Paper dealer European Association of Securities Dealers Automated Quotation (EASDAQ) dealing cost Broker dealer Dealing desk (Trading desk) insider dealing Primary dealer after hours deals |
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