Direct listing / SPAC

A direct listing puts existing shares on an exchange with no new shares and no underwriter, so the opening auction sets the first price. A SPAC is a listed shell that raises cash and later merges with a private company, a route that lives on what the SEC allows.

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On MochatradeSee what you can trade on Mochatrade
  • Opening auctionThe opening auction is the single trade that starts the US day at 7:00 PM IST, 8:00 PM in winter. Orders collect…
  • SECThe SEC is the US Securities and Exchange Commission, the referee Congress built after 1929 exposed how little buyers…
  • US ETFA US ETF is an exchange-traded fund on a US exchange that holds a basket, usually an index, and trades all day like…
  • Index ETFAn index ETF holds every stock in a published index at the index weights, with no view and a small fee. It buys in the…
  • Index rebalancingIndex rebalancing is when an index changes members or weights and every fund tracking it must trade the difference…
  • Closing auction (official close)The closing auction is the single matched trade at 1:30 AM IST, 2:30 AM in winter, that sets each US stock's official…

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