Tombstone (financial industry)

A Financial Tombstone ( engl. financial grave stone) is a common in finance award for successful initial public offerings (IPOs ) or other financial transactions, often in the form of a cube or a figure of glass or plexiglass. Excellent thereby be involved in the IPO, or transaction broker and underwriter.

Origins

The reasons for the habit to express appreciation for the work done in the form of a tombstone, located in the regulatory requirements of the Securities and Exchange Commission that require a purely textual announcement of the operation, and prohibit other forms, so as to prevent advertising of the individual securities. Such displays are in English because of the similarity with a grave stone inscription " tombstone " ( grave stone) called.