Bringing public offerings to all investors
ClearingBid allows millions of investors and their brokers unprecedented access to new security issues of all types through
Equal Opportunity Investing®
Through the ClearingBid application, all investors can see the list of securities being readied for public offering. After completing proper diligence and research, investors can enter their order request through their own brokers of choice. Orders are authenticated and aggregated by brokers while ClearingBid’s proprietary auctioned-based rules engine allows all bona fide customer orders to be recognized in real time.
An issuer works with ClearingBid and requests to have a new security issuance included on our digital platform.
The issuer works with their selected underwriter to draft and file the preliminary prospectus while determining the type and quantity of security to be publicly offered.
Users can access information on new security offerings using the ClearingBid mobile app and web-based portal. Order requests are submitted directly with the investor’s broker of choice while tracking market demand and pricing via ClearingBid.
Upon final pricing, investor allocations are determined using ClearingBid’s proprietary algorithms based on price and time, with brokers confirming and settling each order with their customers. After closing, the issuer receives the net proceeds and brokers earn commissions, which are not paid by investors.