Market soundings are a useful tool for determining interest in potential upcoming primary transactions, aiding price discovery without sensitive information being shared. Crucially they also give investors, such as asset managers, a chance to influence the structure and price of the offering. As such they play an important role in
FCA fires warning shot over market soundings and insider trading
2 min read
The UK FCA’s Market Watch 75 has published observations on market soundings, voicing concern about potential insider trading.
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