Traders looking to streamline their IPO-related workflow have just gotten additional functionality from one prime broker services provider.
According to Scott Daspin, director, prime brokerage sales at Triad Securities, the firms IPO site now has added new functionality to its web portal, allowing users an easy way to add Lock Up dates to their digital calendars.
Clients rely on our database to keep up with all activities related to IPOs, Secondaries, and the Lock Up dates associated with these events, Daspin told Traders. There are 100 Lock Up dates in November and December 2015. Next year we have close to 100 in the first quarter.
The dates are easily added into traders ICal, Google Calendar and Microsoft Outlook applications.
Triad offers a Web-based deal consensus platform – a system that provides real-time estimates on IPOs and secondary offerings.
The consensus platform includes U.S. IPOs and secondary issues, seven years of data, 6,000-plus unique symbols, 10,000-plus deals and access to 200-plus lead underwriters, and covers more than 30 sectors. It also provides multiple reports that include deals priced daily, updates or modifications, shelf updates or modifications, secondary issues that are filed, and listings that are expected every evening and for the remainder of the week.
The firm also recently added to its New Issue Service” an upgrade allowing sector traders the ability to include custom hyper-links on the traders’ dashboard that with a single click direct traders to their desired sector of interest. That means less time searching and more time executing.
The service includes a package of timely reports, a searchable database, instant messages and access to Triad’s traders.Along with this, the upgrade also includes the ability to show lock-up dates looking forward by sector.
Triad Securities offers prime brokerage services to hedge funds of all sizes, relieving the difficulty inherent in going directly to a large custodian.
