Deutsche Bank led all participants with a 24% market share and $793mm in book-runner volume across 4 deals in Q1 2019 and dominated the field in terms of volume sold with over $710mm. Cantor & Goldman rounded out the top 3 in the rankings, book-running on 3 deals a piece.
Chardan ran 3 deals of their own, and Nomura got in on the action on the cover of their first SPAC.
There's still plenty of time for a wide field of banks to challenge DB for the top spot in 2019!
|1||Deutsche Bank Securities Inc.||796.1||4||23.76%||712.8||4|
|2||Cantor Fitzgerald & Co.||530.7||3||15.84%||385.3||3|
|3||Goldman, Sachs & Co.||363.8||3||10.86%||345.0||3|
|5||Credit Suisse Securities (USA) LLC||258.3||2||7.71%||264.6||2|
|6||Chardan Capital Markets, LLC||201.3||3||6.01%||128.1||3|
|8||Nomura Securities International, Inc.||150.1||1||4.48%||159.5||1|
|9||Stifel, Nicolaus & Company, Inc.||150.1||1||4.48%||111.9||2|
|10||Cowen and Company, LLC||140.3||2||4.19%||190.0||2|
|11||Merrill Lynch, Pierce, Fenner & Smith Inc.||125.0||1||3.73%||109.1||1|
|12||Barclays Capital Inc.||77.7||1||2.32%||101.3||1|
|13||UBS Securities LLC||77.7||1||2.32%||33.8||1|
|14||Craig-Hallum Capital Group LLC||54.0||1||1.61%||30.0||1|
|15||I-Bankers Securities, Inc.||0.0||0||0.00%||51.2||4|
|16||B. Riley FBR, Inc.||0.0||0||0.00%||50.0||1|
|17||Brookline Capital Markets||0.0||0||0.00%||1.9||2|
Credit for Bookrunner Volume ($MM) is based on the total amount of the offering sold, including over-allotment. Full credit is awarded to the sole book-running manager or split equally among joint book-running managers.