Cass Business School

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  • White Papers // Jun 2009

    IPO Lockup Arrangements And Trading By Insiders

    The authors document that the average lockup of 365 days in the UK is higher than the US 180 days and many insiders trade within the lockup period. They find that prestigious underwriters and underwriter power (longer lockup) drive their trades. However, they sell in over-performing, large, and low institutional...

    Provided By Cass Business School

  • White Papers // Jun 2009

    IPO Lockup Arrangements And Trading By Insiders

    The authors document that the average lockup of 365 days in the UK is higher than the US 180 days and many insiders trade within the lockup period. They find that prestigious underwriters and underwriter power (longer lockup) drive their trades. However, they sell in over-performing, large, and low institutional...

    Provided By Cass Business School