Financial Markets and Institutions (2-downloads)

567

Unfilled Limit Orders

Buy Orders

Sell Orders

25.12

100

25.36

300

25.20

500

25.38

200

25.23

200

25.41

200

W E B   E X E R C I S E S

Investment Banks, Security Brokers and

Dealers, and Venture Capital Firms

1. In initial public offerings (IPOs), securities are sold

to the public for the first time. Go to 

http://

w w w. r e n a i s s a n c e c a p i t a l . c o m / i p o h o m e /

marketwatch.aspx

. This site lists various statistics

regarding the IPO market.

a. What was the largest IPO offered recently, ranked

by amount raised?

b. What is the next IPO that will be offered to the

public?

c. How many IPOs were priced in each of the last

four years?

2. The Securities and Exchange Commission is responsi-

ble for regulating securities firms. Go to 

www.sec.gov

.

This is the official home page of the SEC. Use this page

to answer the following.