We offer Warrant trading services. Warrant, is a derivative security and a financial instrument issued by a bank or financial institution. Warrants in HK market are European style, which can only be exercised on the due date. The prices of warrants are a portion of the underlying assets, its initial cost is low, leverage and gearing their offer is high.
There are two different types of warrants, a call warrant and a put warrant for matching with bullish or bearish views towards the underlying assets.
Call Warrant: Gives the investor a right (but not the obligation) in a specified maturity date at a specified price to buy a specific number of underlying assets. When the settlement price of the underlying stock at maturity is above the exercise price, the investor is entitled to buy the underlying stock of the issuing company at the fixed exercise price.
Put Warrant: Gives the investor a right (but not the obligation) in a specified maturity date at a specified price to sell a specific number of underlying assets. When the settlement price of the underlying stock at maturity is less than the exercise price, the investor is entitled to sell the underlying stock of the issuing company at the fixed exercise price.
There are two different types of warrants, a call warrant and a put warrant for matching with bullish or bearish views towards the underlying assets.
Call Warrant: Gives the investor a right (but not the obligation) in a specified maturity date at a specified price to buy a specific number of underlying assets. When the settlement price of the underlying stock at maturity is above the exercise price, the investor is entitled to buy the underlying stock of the issuing company at the fixed exercise price.
Put Warrant: Gives the investor a right (but not the obligation) in a specified maturity date at a specified price to sell a specific number of underlying assets. When the settlement price of the underlying stock at maturity is less than the exercise price, the investor is entitled to sell the underlying stock of the issuing company at the fixed exercise price.
CBBC is a type of leveraged structured product that tracks the performance of an underlying asset without requiring investors to pay the full price required to own the actual asset. CBBCs are issued by a third party, usually an investment bank. They are issued either as Bull or Bear contracts with a fixed expiry date, allowing investors to take bullish or bearish positions on the underlying asset. By investing in a Bull Contract, investors would hold a positive view on the underlying asset. By investing in a Bear Contract, investors would hold a negative view on the underlying asset. CBBC can be knocked out before expiry. If the price of the underlying asset reaches the Call Price, the CBBC would be called by the issuer and the trading of that CBBC will stop immediately. The specified Expiry Date would no longer be valid.
