Leap year and Listing agent: Difference between pages

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imported>Doug Williamson
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Leap years are years which contain 366 days, compared with common years which have 365 days.  
''Securities - issuance - listing - agency.''


The extra day in a leap year is February 29.  
It is common for issuers to appoint a listing agent in certain jurisdictions (for example Luxembourg).  


The listing agent will communicate with the listing authority and/or stock exchange and competent authority on behalf of the issuer and will ensure that all necessary documents are submitted to the listing authority and/or stock exchange.


Years divisible by 4 are normally leap years, with some exceptions.


All of the years divisible by 4, between 1904 and 2096 inclusive, were or will be leap years.
== See also ==
* [[Agency]]
* [[Agent]]
* [[American depositary receipt listing]]  (ADR listing)
* [[An introduction to debt securities]]
* [[Broker]]
* [[De-listing]]
* [[Flotation]]
* [[Initial public offering ]]
* [[Introduction]]
* [[Issuance]]
* [[Issuer]]
* [[Listing ]]
* [[Listing particulars]]
* [[Listing Rules]]
* [[Over the counter]]
* [[Premium Listing]]
* [[Private placement ]]
* [[Re-listing]]
* [[Security]]
* [[Standard Listing]]
* [[Stock]]
* [[Stock exchange]]


 
[[Category:Accounting,_tax_and_regulation]]
1900 was not a leap year.
[[Category:The_business_context]]
 
[[Category:Corporate_finance]]
2100, 2200 and 2300 will not be leap years.
[[Category:Investment]]
 
[[Category:Long_term_funding]]
 
[[Category:Identify_and_assess_risks]]
The rules for determining leap years are:
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
* If the year is divisible by 4, it will normally be a leap year.  For example, 2016, 2020 and 2024.
[[Category:Risk_reporting]]
* If it is divisible by 100, it will not normally be a leap year. For example, 2100 and 2200.
[[Category:Financial_products_and_markets]]
* An exception to the exception are years divisible by 400. For this reason, 2000 was a leap year, and 2400 will be one too.
 
 
The reason for the rules is to approximate the true number of astronomical days in a year, which is 365.24.
 
 
==See also==
[[Effective annual rate]]

Latest revision as of 08:14, 1 June 2023

Securities - issuance - listing - agency.

It is common for issuers to appoint a listing agent in certain jurisdictions (for example Luxembourg).

The listing agent will communicate with the listing authority and/or stock exchange and competent authority on behalf of the issuer and will ensure that all necessary documents are submitted to the listing authority and/or stock exchange.


See also

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