Warrants

A warrant is a financial product that grants its holder the right, but not the obligation, to purchase or sell securities (usually equity) from the issuer at a specific price on or before a given date. After this expiration date has passed, the holder's right ceases to exist. The purchase a warrant, a holder pays a premium that is far lower than the underlying price of the security itself. 

Warrants are user-friendly and have many advantages:

• Access to the world
Warrants allow you to invest in a range of assets from around the world. 

• Diversity
Warrants correspond to a broad range of underlying securities (such as shares, indices, baskets, etc.), with different maturity dates and exercise prices.

• Simplicity
Warrants are simple to buy via your bank or broker.

• Liquidity
Warrants provide guaranteed liquidity as issuers continuously provide bid and ask prices.

• Transparency
A great deal of information about warrants can be obtained from NYSE Euronext's website, issuers' sites and the financial press.

•Security
Warrants are scrutinized by national regulators before being admitted to trading on NYSE Euronext's regulated market.