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Fixed Income
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Fixed Income Circle Positions
David Case / Thomson BETA Systems 9 Oct 2006 4:35PM ETHas anyone worked with developing a methodology to handle retail circling of inventory positions within an offering? Specifically in the Retail world a broker/sales rep can circle (temporarily decrease available offering) part or all of an offering in order to solidify the order with the retail customer. Typically, this circle is replaced by an order, which removes the circle, or it automatically expires within a specified time frame openning up the circled portion of the offering to other retail clients.
Fixed Income Circle Positions David Case / Thomson BETA Systems 9 Oct 2006 4:35PM ET
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