IPO
Within “new issues”, you can draft your orders for subscriptions to new issues and transmit them to Deutsche Bank for execution as a sale on commission. This is done in five steps:
- you make a declaration of agreement with the general terms and conditions for the subscription to shares and certificates,
- the selection of the new issue desired,
- your subscription order is entered into the template,
- your order for subscription to new issues is reviewed and approved, and
- Deutsche Bank confirms acceptance of your subscription order.
In the first step, you make a declaration of agreement with the general terms and conditions for the subscription to shares and certificates. You then select the new issue to which you wish to subscribe.
Clicking on the “subscribe IPO” button brings you to the entry template for the subscription.
The entry template is divided into two areas: order data and type of order. In the order data section, select the securities account you want to use to execute the subscription. The clearing account is determined when you select the securities account. Then you enter the quantity – or for fixed-income securities, the nominal amount – of the security to which you wish to subscribe. Please observe the minimum quantity or, if applicable, the denomination for this subscription. In the order type section, you select the type of order and enter the limit for your subscription order, if applicable. When you enter this limit, please observe the price increments, if applicable, for this subscription.
With “validate subscription”, you initiate the review of your subscription order. The review of your subscription order catches any mistaken entries and it offers you help in making adjustments or corrections to your subscription order. After a successful review, you are shown a summary of your subscription order. The subscription order is approved by entering the requested TAN and clicking the "execute subscription" button, or if you are using Session TAN functionality, then just by clicking the "execute subscription" button.
After completing the entry of the subscription order, you then receive a confirmation, which once again contains all the details of your subscription order. It also documents the date and time of acceptance.