How to make warrants, and how many questions about warrants?

Don't do it. The risk is too great. Do it.

Warrants refer to the underlying issuer or a third party other than it, and the agreed holder has the right to purchase ** or **subject matter from the issuer according to the agreement** or collect the settlement difference in cash settlement within a specified period or a specific maturity date.

The trading of warrants is similar to that of the brokerage, and investors can buy and sell warrants by entering information such as account, warrants, quantity, and trading direction through reporting channels provided by the brokerage, such as computer terminals, online trading platforms, and entrustment. The required account is the **account, and investors who already have an ** account do not need to open a new account.

According to your question, I think that the warrant is a kind of financial derivative product (instrument), which is valuable and attached to the subject **, and is a proof of the holder's right (but no obligation). According to the trading behavior, the types of warrants are divided into call warrants (call rights) and put warrants (put rights). Example 1: In the equity division reform plan, Baosteel Co., Ltd. (600019) proposes to give 1 warrant for every 10 tradable shares, and stipulates that shareholders who obtain warrants on the equity registration date can purchase Baosteel shares for RMB ** on the 378th day expiration date of the warrants.

This is called a call warrant (also called a call warrant.

The real estate title certificate is the proof that the right holder enjoys the real estate right. When the immovable property registration authority completes the registration, it shall issue the immovable property ownership certificate to the applicant in accordance with the law. If a party holds a certificate of ownership of immovable property, he or she can prove that he or she is the owner of the real right registered in the certificate of ownership of immovable property.

A certificate of ownership is a certificate that proves the right to a property. The certificate of ownership can also be used as evidence of the existence of rights, but it is not the main basis for confirming rights. Even if the certificate of ownership is transferred to another person for possession, if the change of the real right is not recorded in the registered contents, the real right itself will not be changed.

I hope it can help you and I wish you a happy life.

Categories: Business Banking.

Problem description: 1. Who is issuing it, is it a brokerage or a ** issuing company?

2. How to set the price?

3. How to deliver? Do you need to deliver the underlying or just settle the spread?

Analysis: 1Warrants can be issued by either a listed company or a broker.

The warrants issued by listed companies are called equity warrants, and the exercise object is the listed company; The warrant issued by the ** company is called a covered warrant, and the exercise object is the ** company. The process of issuing warrants by ** company is also called creating warrants.

3.The delivery of warrants is very special, if you sell the warrant after a certain period of time, it is according to the market of the warrant. If you hold the option to expire and exercise, it will involve the delivery of the corresponding ** of the warrant.

In layman's terms, warrants are the most relevant financial derivatives.

Before the expiration date, the operation is not much different from **, and its rise and fall is only affected by the correlation **, and the rise and fall of the day can exceed 10%, which is extremely risky.

The returns are attractive and highly speculative; Warrants adopt the T+0 trading mechanism, and those bought on the same day can be sold on the same day.

Warrants contain intrinsic value and time value, simply put, intrinsic value is only related to the correlation of **, and if the exercise is profitable at expiry, it has intrinsic value, otherwise it has no intrinsic value; The time value is the speculative return of the warrant within the time when the warrant can be traded, so there is a doomsday round (during that period, the warrant rises and falls) when the warrant is about to be exercised.

For a period of time after expiration, the warrants held in the hand can be related to ** (call warrants) or sell (put warrants) The right to operate will be invalid upon expiration!

Handling fee, the minimum is 5 yuan, and the maximum amount of the transaction can be negotiated with the company), and the transfer fee paid to the registration company according to the face value of the transfer at the time of exercise.

Hello, a warrant is a contract that proves that the holder has a specific right, and the investor who holds the warrant has the right to agree on **** or sell a specific ** (or to receive the settlement difference at the time of expiration), and the ** agreed in the warrant is usually called "underlying**" or "foundation**".

If you have 100 shares of A**, the exercise date is August 1. Exercise** is $5. That is, by August 1st, you are eligible to buy the 100 shares for $5.

If on this day, the market price of the stock is 8 yuan, others to buy 100 shares to spend 800 yuan, and you can use 500 yuan to buy 100 shares this day, if you ** warrants per stock yuan, then you spent a total of 550 yuan, of course you are cost-effective. If you actually buy it, this act is called exercising.

But if on this day, the market price of the stock is 4 yuan, of course you will not buy it with 5 yuan shares, then the 100 shares of call warrants in your hand are waste paper. You must have chosen to forgo exercising.

The above is a call warrant.

A put warrant is the opposite of this, it gives you the right to sell a certain ** on that day. For example, your warrant stipulates that it can be sold for $10 on that day. If the market price of the stock is $7 that day, and someone else sells 100 shares for $700, and you sell 100 shares for $1,000, of course you are willing.

But if the market price of the stock was $13 per share that day, would you still sell it for only $10 per share according to the rights given to you? Surely you can't be so stupid, right?

Therefore, when the date of exercise is getting closer and closer, it is easy to estimate whether this warrant is waste paper or useful. Because if you don't have a warrant and you want to buy a warrant, it costs money, you have to think about it, will you buy a piece of waste paper?