Price stabilisation
Permitted purchases of a newly placed security by the organiser during the first days of trading, smoothing sharp moves in the quote.
How to read the number
It explains why a share holds steadier immediately after a placement than a security with no trading history otherwise would.
When the metric lies
This is a temporary and pre-disclosed procedure, not a property of the security: the market's first honest opinion appears once it ends.
Also known as: price stabilisation