Online brokers, Bell Direct & CMC Markets give their views on ASX BookBuild in the AFR Online trading section this week - with $100m raised to date through the facility, Arnie Selvarajah of Bell Direct says: We've always been about improving the transparency of the market place and for clients in particular - this is a key initiative in that context... It also provides retail clients with a level playing field in terms of getting access to some of these floats. Whilst On-Market BookBuilds, CEO, Ben Bucknell drives home the fact that lead managers are still an integral part of the process as they retain the biggest part of the book. With over 20 brokers participating in the facility, others are coming on board to enable their clients to participate... full article: (VIEW LINK)
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