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On-Market BookBuilds in battle to attract big deals

On-Market BookBuilds is the digital upstart of the Australian broking industry, and eager to attract big deals in 2015. The platform has notable supporters, but faces resistance from the investment banking establishment.

Sally RoseFinancial services reporter
Updated

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On-Market BookBuilds is the digital upstart of the Australian broking industry, and eager to attract big deals in 2015. The platform has notable supporters, but faces resistance from the investment banking establishment.

The company operates a digital ­platform that plugs into the Australian Securities Exchange’s infrastructure to enable companies raising equity to take bids in a live-market environment.

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