Exchange and Private placement: Difference between pages

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imported>Doug Williamson
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1. ''Investment - trading.''
This is a form of securities issuance that has no exact definition.


A traditional exchange is an open and organised marketplace in which commodities, securities or other financial instruments are traded.
It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.


Examples include stock exchanges such as the London Stock Exchange.
As such it is not expected to be traded in the secondary market and is not a 'public' issue.


It is not normally expected to be listed on an exchange.


2. ''Investment - trading - other intermediaries.''
A wide variety of securities under various names are private placements. In Germany, [[Schuldschein]] are a form of private placements, for example.


More broadly, any intermediary that facilitates a broad range of economic activities, and including intermediaries that may be less well-organised, and less secure for participants.
For example, cryptoasset exchanges.
3. ''Foreign currency.''
Relating to transactions between different currencies.


== See also ==
* [[Issue]]
* [[Placement]]
* [[Rule 144A]]
* [[Secondary market]]
* [[Security]]


4. ''Financial and commercial transactions.''


Relating to a two-way flow of money or other value.
== ACT Website links ==


Contrasted with a one-way flow, such as a remittance.
[http://www.treasurers.org/blogs/ceo/201307 Hot money just got hotter...then evaporated, Colin Tyler, 5 July 2013]
 
 
== See also ==
* [[Commodity]]
* [[Cryptoasset exchange]]
* [[Exchange controls]]
* [[Exchange creditors]]
* [[Exchange-for-value system]]
* [[Exchange rate]]
* [[Exchange traded]]
* [[Exchange Traded Commodity]]
* [[Exchange-traded funds]]
* [[Financial instrument]]
* [[Foreign currency]]
* [[Foreign exchange]]
* [[Intermediary]]
* [[Remittance]]
* [[Security]]
* [[Stock exchange]]
* [[World Federation of Exchanges]]


[[Category:The_business_context]]
[http://www.treasurers.org/node/8624 Developing a UK Private Placement market – report of the PP15+ working group]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 14:37, 1 October 2013

This is a form of securities issuance that has no exact definition.

It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.

As such it is not expected to be traded in the secondary market and is not a 'public' issue.

It is not normally expected to be listed on an exchange.

A wide variety of securities under various names are private placements. In Germany, Schuldschein are a form of private placements, for example.


See also


ACT Website links

Hot money just got hotter...then evaporated, Colin Tyler, 5 July 2013

Developing a UK Private Placement market – report of the PP15+ working group

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