Topical Terminology > E-manager
1 Definition
E-Manager
For E-Manager we have a term and definition in IPO.
E-manager (IPO) 
Brokerage firms that both specialize in offering online trading capabilities and participate in IPO underwritings are called e-managers. They have arrangements with the lead managers to allocate a certain amount of the offering to their customers, predominately individual investors. Many e-managers allocate the shares on a first-come, first-served basis.
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