Derivatives

Index Warrant

January 30, 2022
Finance

Callable Floating Rate Note

January 30, 2022

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A warrant that gives the holder magnified exposure to index prices movements, with minimal level of time decay (thanks to the low time value of the warrant). The warrant is associated with a trigger mechanism (barrier) that determines the ability of the holder to get paid a cash settlement amount. This amount is calculated using the closing level of the underlying index at expiration.

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