Syndicate allocations?
35 RepliesJump to last post
So I've been kind of active with our syndicate for the past few months (after not participating for years). What kind of allocations are people getting out there? Does every firm use an index or is it manager discretion? Does your firm have a fair process for deciding allocations?
You’ve been active in recent months and you’ve done it in the past and you don’t know how the shares are allocated? You’re lying about something.
I know how MY shares get allocated. I am wondering how it works in other branches / firms. The index allegedly has something to do with the allocation but it seems to be far more subjective. When I see allocations they are not relative to the syndicate index. I am wondering if there is a more fair way to distribute syndicate that is taking place at other firms. I can impact the process here and am hoping to hear of a "fair" system elsewhere.
Child: Those who are quick to accuse usually have something to hide.
I think in our office only 3 guys do it, not sure how they divide it up, all I know is I better get more than 100 shrs of NYMEX.
BTW Inner Child why don’t you ever bring anything of substance to the table? Go vent somewhere else.
[quote=NOFX]
I know how MY shares get allocated. I am wondering how it works in other branches / firms. The index allegedly has something to do with the allocation but it seems to be far more subjective. When I see allocations they are not relative to the syndicate index. I am wondering if there is a more fair way to distribute syndicate that is taking place at other firms. I can impact the process here and am hoping to hear of a "fair" system elsewhere.
Child: Those who are quick to accuse usually have something to hide.
[/quote]
What is "the index"? Here's what I'm hiding...I think you're almost as big a moron as bankfc.
[quote=badmove?]Your not in the biz if you don't know what an index is.....beat it[/quote]
Ok, big girl...how are syndicate shares allocated based on "the index"?
how much spansion did I get, allocations went out @ 6:30, don’t see it on the screen?
[quote=badmove?]how much spansion did I get, allocations went out @ 6:30, don't see it on the screen?[/quote]
Well...the index closed at 1,396.57 today, so you got 31 shares.
Inner,
An index is a ratio that is used to calculate how many shares of an IPO or follow on you recieve. In theory if you have an index of .1 and your office gets 10,000 shrs u would get 1000. This is an example only, it works differently at different firms.
Right or wrong LT, u gotta do something.
[quote=badmove?]
Inner,
An index is a ratio that is used to calculate how many shares of an IPO or follow on you recieve. In theory if you have an index of .1 and your office gets 10,000 shrs u would get 1000. This is an example only, it works differently at different firms.
Right or wrong LT, u gotta do something.
[/quote]
Gotcha. I never heard of that. When we did syndicate at my old firm, the index was how the branch manager felt about you at that moment in time. I always did well because I was a high producing rookie. Then the market tanked and the syndicate dried up. Now, all I do are annuities. Hard to place new offerings in those.
If you are unhappy with your allocation, give me a call.
Our firm has a very active Capital Markets department and is headed up by one of the industry's finest. You will have access to the offerings.
I would love to have the opportunity to explain.
How much NYMEX will you get? How much FACE, CPLA, KBW? We got decent size.
I got a buddy who trades his PIPES thru u.
And is he happy with our Capital Markets department?
"Badmove" call me in the morning and I will hook you up with the main people.
[quote=BizDevelopment]
If you are unhappy with your allocation, give me a call.
Our firm has a very active Capital Markets department and is headed up by one of the industry's finest. You will have access to the offerings.
I would love to have the opportunity to explain.
[/quote]You're relentless, I'll give you credit for that!
Are you involved in the Woobistics deal?
[quote=BizDevelopment]Who is your buddy that does PIPES with us?[/quote]
Christopher Moltesante
Can’t tell you his name, but when he tried to sell a woman a mutual fund instead of a house stock he got pistol whipped!!