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Order Period

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order period
The period of time during which syndicate members take orders for a new security issue.

Order Period
The period of time during which underwriters take orders for a new issue of a security. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. The level of interest during the order period may be an indicator of demand once the security is actually issued.


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