The IPO Settlement Process by FinClear

1. The IPO Settlement Process by FinClear When you plan to launch an IPO, you probably have a number of questions about the IPO settlement process. This article will discuss some of the basic aspects of this process. The process is designed to make the process as efficient as possible for everyone involved. There are several major steps in the IPO process, so it's important to have a clear understanding of them before you begin the process. Listed below are the main components of the IPO settlement process. . The first step in the IPO settlement process is the collection of funds from intermediaries, called pre- fund & refund. Under this process, the CPs transfer application funds to the issuer's designated IPO settlement bank. After the CPs confirm the funds, they transfer the money to the designated IPO settlement bank, which collects the remainder for share allotment purposes. This change was implemented to reduce the time-frame for the IPO settlement process, as well as to limit the amount of concentration and counterparty exposure. +61 2 8039 6000 Level 8, 118 Mount Street North Sydney NSW https://finclear.com.au/ Thank you for reading Contact us here for more inquiries