What brokerage allows private investors to participate in a secondary?

Discussion in 'Trading' started by kunde53, May 22, 2009.

  1. kunde53



    does anybody know if we as private investors are able to participate in a secondary offering, specifically does IB offer this? There would be so much money to be made here :D

    I.e., Suntech Power offering was priced at 12.50 today, do not think the stock will see this level today.

    Thanks for your answers!
  2. zdreg


    If it is a hot ipo it is usually allocated to institutional clients. if i recall correctly secondaries are usually allocated to existing holders of the stock