Relating to trading in securities which have not yet been issued.
〔财政〕〈主美〉如果发行的，发行时的
Example sentencesExamples
Alternatively, the agency could let exchanges set prices by trading new-company shares before an IPO in a so-called ‘when-issued’ market.
All when-issued transactions are on a conditional basis until the security is delivered and bought.
This can sometimes cause confusion amongst clients and other grey market brokers alike, particularly in the area of non-standard terms of business for undertaking dealings on a when-issued basis.
In order to permit NSCC to process dividend debits and credits for the when-issued trades occurring prior to the ex-dividend date the following procedures will apply.
We also find evidence of temporary price pressures on the date of execution of the spinoff of the subsidiary firms that bear resemblance to the pricing in the when-issued market.
Definition of when-issued in US English:
when-issued
adjectiveˌ(h)wenˈiSH(y)o͞od
US Finance
Relating to trading in securities which have not yet been issued.
〔财政〕〈主美〉如果发行的，发行时的
Example sentencesExamples
We also find evidence of temporary price pressures on the date of execution of the spinoff of the subsidiary firms that bear resemblance to the pricing in the when-issued market.
Alternatively, the agency could let exchanges set prices by trading new-company shares before an IPO in a so-called ‘when-issued’ market.
All when-issued transactions are on a conditional basis until the security is delivered and bought.
In order to permit NSCC to process dividend debits and credits for the when-issued trades occurring prior to the ex-dividend date the following procedures will apply.
This can sometimes cause confusion amongst clients and other grey market brokers alike, particularly in the area of non-standard terms of business for undertaking dealings on a when-issued basis.