6. Which of the following transactions would not typically a buy-side activity?
Buying securities for a pension fund investment portfolio
Buying securities as a market maker from an investment manager
Investing as part of a private equity fund
7. What name is given to the process of setting the price for an equity distribution by reference to the demands of institutional investors at particular prices?
Bookbuilding
Book valuation
Bookkeeping
Bookrunning
8. Which of the following statements is true?
Highly-regarded research may be a useful marketing tool for a bank attempting to win an equity underwriting mandate.
Banks generally make additional securities trading profits by executing deals ahead of the publication of market-moving research.
A bank that provides a client with particular research insight is known as a prime broker.
