+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Snap just went public - here's a behind-the-scenes look at what a typical IPO is like

Mar 2, 2017, 20:59 IST

Hollis Johnson

There are few things more anticipated in the stock market than an initial public offering, or IPO.

Advertisement

Snap Inc., the parent company of Snapchat, is debuting as a public company on Thursday in the biggest tech IPO in years.

There are a few exchanges in the US on which stocks are traded, and thus on which IPOs can take place.

The New York Stock Exchange is the largest and oldest of these exchanges, starting in 1792, and it sits in its iconic home on Wall Street.

In 2016, Business Insider got a backstage look at one of the IPO days through the eyes of Carolyn Saacke, the chief operating officer for NYSE's capital markets business. The capital markets business oversees all IPOs and maintains relationships with the firms that are already listed on the NYSE.

Advertisement

To give you a sense of what's happening on the floor, here's a behind-the-scenes look at the wild day of an IPO:

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article