Help & FAQs

What is the difference between a Covered Warrant and a traditional Warrant?

A traditional Warrant is issued by the company whose shares the warrant is based upon. Covered Warrants are issued by an institution that is completely independent of the company whose shares/investments the Warrant is based upon.

Eg: Traditional Warrants in ABC plc will be issued by ABC plc, whereas Covered Warrants in ABC plc would be issued by an investment bank like Société Générale

Submitted on 21st Aug 2018

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