For the IPO process, at least in Canada, the 1st sale of stocks are already spoken for - basically, there wouldn't be an IPO unless a certain threshold of institutions wanting to purchase blocks of the stock has been secured.
What you see on the stock market is actually 2nd hand selling and buying. It is near impossible to secure a block of IPO stock unless you are an institution, or represent someone with enough assets to get the brokers' attention.
What you see on the stock market is actually 2nd hand selling and buying. It is near impossible to secure a block of IPO stock unless you are an institution, or represent someone with enough assets to get the brokers' attention.