A group of ﬁrms which unite together to market an IPO for a ﬁrm is referred to as the:

Question

Quizplus · Accepted Answer

The term "underwriting syndicate" is commonly used to refer to a group of investment banks or brokerage firms that come together to market and sell an initial public offering (IPO) of a company to investors. They help in determining the offering price, setting the amount of shares to be sold, and making sure that the necessary regulatory requirements are met.

A Group of ﬁRms Which Unite Together to Market an IPO