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Morgan, which offer services in underwriting and M&A advisory. When Facebook went public in 2012, it needed an investment bank to handle the Initial Public Offering (IPO). Goldman Sachs was one of the lead underwriters and earned considerable fees and reputation points for facilitating one of the largest tech IPOs ever.
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However, first off the bat was MarketAxess which launched its Open Trading all-to-all trading environment in 2012. Actionable indication of interests (IOI) An indication of interest (IOI) is a conditional and non-binding indication of a buyer’s interest in a security that is still in the underwriting stage.
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