 Trading Board
While market conditions remain unstable and uncertain, more and more companies are delaying (or altogether terminating) plans for a public
offering - while at the same time raising capital by offering shares of the company to investors. 
This creates a situation where
the investor, when faced with the need or desire to sell, turns to the company for a way to liquidate their shares. And this, in turn, can create an
administrative headache for the company, which must then assist its shareholders by matching investors to available shares, and
facilitating the communication that must take place to conclude the transaction.
 With this in mind, we designed Transfer Online's trading board software. This product is for non-trading companies who want to offer a
unique service to their shareholders by giving them access to an interactive process with which they can buy and sell shares - for otherwise illiquid securities.
The trading board is a stand-alone software solution, where buyers and sellers can post orders at a set price, quantity and amount of
time, and others can browse the share listings to bid on or offer to those orders. Companies are provided with a robust set of tools for managing members and creating reports.
The Transfer Online® Trading Board is designed so that neither the company nor the transfer agent takes place in the process of promoting, matching
or settling any transactions. The entire process is a private transaction between the buyer and seller, and brings the two sides together
anonymously until the amount of shares and price are agreed upon.
The trading board does, however, pre-authorize shares before they can be listed, confirming the seller's share position prior to
placement on the board - thus allowing the buyer an additional level of comfort, in the security that the seller is dealing "in good faith" and can make
delivery after the sale. The buyer and seller are then responsible for making their own arrangements for delivery of funds and stock
upon final terms.
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