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Yes, brokerages offer qualified customers access to IPO allocation that the brokerage has access to. It is at their discretion who they allow to participate. Ge
by apaprocki 14y ago
Yes, brokerages offer qualified customers access to IPO allocation that the brokerage has access to. It is at their discretion who they allow to participate. Generally, most brokerages will ban you from IPO access if you get allocated shares and sell them within a certain period, usually 90 days or so.
Here is a description of the process for ETrade: https://us.etrade.com/e/t/prospectestation/help?id=1301050000 https://us.etrade.com/e/t/prospectestation/help?id=130105000...
- deleted 14y ago[deleted]