Offline and Private placement: Difference between pages

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1.
This is a form of securities issuance that has no exact definition.
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.


2.  
It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.
The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.
 
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.


3.
More generally, operating independently of - or disconnected from - another computer or electronic terminal.  For example, not connected to the internet.


== See also ==
== See also ==
* [[Online]]
* [[Issue]]
* [[Placement]]
* [[Rule 144A]]
* [[Secondary market]]
* [[Security]]
 
 
== ACT Website links ==
 
[http://www.treasurers.org/blogs/ceo/201307 Hot money just got hotter...then evaporated, Colin Tyler, 5 July 2013]


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

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