application for listing

Quick Reference

The process by which a company applies to a stock exchange for its securities to be traded on that exchange. In obtaining the listing a company will be required to abide by the rules of the exchange. The advantage for a company in obtaining a listing is that it will be able to raise funds by issuing shares on the stock exchange and the marketability of the shares it issues will attract investors. See also flotation; listing requirements.

Subjects: Accounting.

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