1.  

  • Discuss the evolution of the securities markets, including the impact of NASDAQ, CME, ECNs, and foreign exchanges.
  • Explain the role of securities markets in the efficient allocation of capital among issuers and investors based on the efficient market hypothesis.
  • Evaluate if the presence of dark pools enhances or reduces capital market efficiency.
  • Finally, find a real-life company that has raised capital in 202N and discuss the method used. If possible, try to select a company that a fellow student has not already selected.

Your initial response should be a minimum of 200 words. 1 credible scholarly reference

2. 

In this discussion forum,

  • Compare the advantages and disadvantages of using a Dutch Auction to a traditional underwriting method for an IPO.
  • Identify one real-life IPO that occurred in 202N. Try to select a company that a fellow student has not already selected.
  • For this one IPO, determine the following:
    • The initial price
    • The stock price at the end of the first day of trading
    • The stock price at the end of 10 days of trading
    • The stock price at the end of 30 days of trading
  • State the following in your post:
    • The total amount of the offering
    • The number of shares offered
    • The underwriter
    • The fees for the IPO
  • Evaluate the success of this IPO from the perspective of the issuer, the underwriter, and investors. Reporting that your IPO was a “success” or a failure” is insufficient. You must provide support as to why you believe your IPO was a success or a failure.

Your initial response should be a minimum of 200 words. Cite as needed at least 1 reference scholarly