Elizabeth Tian, Director - Citi Markets starts her presentation by explaining the difference between trading and investment warrants and introduces the range of the different warrant types.
Trading warrants include MINIs, Turbos, Puts and Calls and allow traders to take limited risk, leveraged positions on the direction of a range of underlying instruments from shares, indices and currencies.
Investment warrants because of the long term nature of investment are typically held for longer time frames to take advantage of the potential for long term appreciation in the underlying shares, indices over which they are available. Investment warrants also pass on the dividend and franking benefits flowing from the underlying shares. Investment warrants include instalments, self funding instalments, instalment MINIs and are an eligible form of gearing with super.....
