The INVESTMENT BANK that actually operates the books for and heads up an offering for an UNDERWRITING GROUP,and that is primarily responsible for ensuring the smooth trading of the issuer's securities during the crucial first days of trading.
The organizer of a syndicate. also called managing underwriter or syndicate manager. see also originator, pot, release letter.
The underwriter who, among other things, helps set the offering price and organises the other underwriters in selling a new issue.
The underwriter who manages a securities offering. Also sometimes called a Managing Underwriter.
The underwriter who, among other things, is in charge of organizing the syndicate, distributing member participation shares and making stabilizing transactions. The lead underwriter's name appears on the left side of a prospectus cover.
The bank in charge of setting the offering price of an IPO and allocating shares to other members of the syndicate.
The head of a group of financial companies, such as investment banks, that are sponsoring an initial public offering or secondary offering of stock.
A concept or structure used by Lloyd's companies which signifies the underwriter whose name is the first to appear and the first to respond on a Lloyd's slip. Because the prestige of the lead underwriter may influence others to participate (or not participate), the lead underwriter must be reviewed carefully.
The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a seconday offering of securities. Could also apply to bond issues.