Discover the IPO Direct Distribution Service
The IPO Direct Distribution Service provides Issuers and Global Coordinators with an on-demand and complementary service that will support Issuers and the Global Coordinators in improving the access to the retail target market by:
- leveraging on the client network connected to the Optiq® trading system, in order to maximise the number of intermediaries and their in-target clients for the Public Offer;
- benefiting from the Euronext trading and post-trading infrastructure, already used by member firms for trading activities, to handle the end-to-end retail subscription process;
- automatically managing the allocation in case of oversubscription;
This service does not support the price discovery process, which remains part of the bookbuilding process managed by the Issuers, the Global Coordinators and the other intermediaries and advisors involved outside the Optiq® trading system, as usual.
In this regard, the IPO Direct Distribution Service must be considered as complementary to the standard process managed by the Issuer, its Advisors and the consortium, just to leverage on a more efficient access to the in-target retail market.
IPOready, the exclusive pre-IPO programme organised by Euronext
Don’t miss the opportunity to take part in IPOready, the educational programme from Euronext that helps entrepreneurs advance their understanding of the capital markets
Learn more through a meeting with Borsa Italiana
The Primary Markets team of Borsa Italiana is available to meet with entrepreneurs interested in the listing process and with their advisers in order to explore the company’s growth prospects and assess how Borsa Italiana can support them.
Discover the IPO Direct Distribution Service
The IPO Direct Distribution Service provides Issuers and Global Coordinators with an on-demand and complementary service that will support Issuers and the Global Coordinators in improving the access to the retail target market.
Market rules
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Key elements in the IPO journey
Whether you are a fast-growing SME or a larger company, going public on Borsa Italiana, part of Euronext Group, provides capital to help finance your growth and boost your profile with all stakeholders.