Manage the Whole Market Sounding Process
Create a List of Target Investors
Upload lists of target investors and bulk outreach them for market sounding, saving time.
Manage Complex Gatekeeper Processes
Easily build out workflows for investment houses that have different gatekeeper wall-crossing requirements.
Wall-Cross Investors and Record the Process
Automate large parts of the wall-crossing process and compile all interactions into an FCA-compliant report.
Key Benefits for Organisations
24hrs
Faster deal execution and productivity
55hrs
Reduction in time spent performing admin tasks
98hrs
Reduction in compliance risks
Why Use DealBridge for Market Sounding?
Learn how our platform can help your organisation
Simplify Your Workflow
Manage the market sounding and wall-crossing process in one simplified workflow, meaning no more relying on your team to manually update excel spreadsheets.
Save Time with Automation
Bulk-manage outreach and automatically record responses, freeing up your team time for other tasks.
Reduce Risk and Errors
Reduce manual errors by centralising communications and automating data capture, ensuring more complete records and accurate reporting for compliance.
Market Sounding FAQ's
What Is Market Sounding? Market Sounding is the process used by brokers, investment banks, or issuers to gauge investor interest in a potential transaction before formally launching it. It involves sharing preliminary details about the deal to assess demand, determine pricing, and understand market sentiment, without committing to a final offering.
How Does Market Sounding Work? In market sounding, brokers or investment banks approach a select group of investors (often institutional) with non-public information about an upcoming transaction. These discussions are conducted under confidentiality agreements, allowing the issuer to share preliminary details while maintaining regulatory compliance. Investors provide feedback on their interest, and this data helps shape the final offering.
What is Wall-Crossing in Market Sounding? Wall-crossing is the process of moving an investor from a public, unrestricted discussion to a private one where they receive material non-public information (MNPI) about a transaction. Once an investor is wall-crossed, they are subject to insider trading regulations and must be included on an official insider list. This ensures that all parties involved in the transaction are appropriately monitored and comply with securities laws.
What Are the Regulatory Considerations for Market Sounding? Market sounding is subject to strict regulatory oversight to prevent market abuse, particularly under the Market Abuse Regulation (MAR) in Europe or Regulation FD in the U.S. Issuers must ensure they are not disclosing insider information improperly or to too many people. Strict protocols are followed to ensure all investor interactions are documented, confidentiality is maintained, and market manipulation risks are minimized. Platforms like DealBridge help brokers stay compliant with these regulations.
How Does DealBridge Support Market Sounding? DealBridge is a comprehensive platform that streamlines the market sounding process by automating investor outreach, managing responses, and ensuring compliance. The platform allows brokers and issuers to track investor interest, document communications, and maintain confidentiality. It also offers tools to manage wall-crossing, ensuring that any sensitive, non-public information is properly handled, reducing the risk of market abuse violations.
How Does DealBridge Support Market Sounding? DealBridge is a comprehensive platform that streamlines the market sounding process by automating investor outreach, managing responses, and ensuring compliance. The platform allows brokers and issuers to track investor interest, document communications, and maintain confidentiality. It also offers tools to manage wall-crossing, ensuring that any sensitive, non-public information is properly handled, reducing the risk of market abuse violations.