A financial vehicle attached to currency issues that acts much like an option in which the holder is entitled to exchange the warrant for the actual currency at a stated price prior to its expiration or for the life of the warrant. The value of the warrant correlates to the underlying exchange rate of the currency so that a positive or negative move in the price direction of the currency will result in an increase of decrease in the value of the warrant. Often used as a hedge against unfavorable movement in the exchange rate.
Related information about currency warrants:
- Currency Warrants Definition | Investopedia
A financial instrument used to hedge currency risk or speculate on currency fluctuations in foreign exchange markets. A currency warrant, like other option ...
- Currency warrants - Australian Securities Exchange - ASX
Currency warrants give you the right to exchange an amount of foreign currency for Australian dollars on or before the expiry date.
- ASX Currency Warrants - Australian Securities Exchange - ASX
Currency warrants provide investors and traders with a simple cost effective investment alternative that allows investors to take a view on the AUD and how it will ...
- Currency Warrants: Definition from Answers.com
Currency Warrants Detachable options in securities issues giving the holder the right to purchase additional securities denominated in a currency different.
- What is currency warrants? definition and meaning
Definition of currency warrants: A financial vehicle attached to currency issues that acts much like an option in which the holder is entitled to exchange the ...
- Currency warrant definition: what is it for?
The currency warrants are priced at the prevailing market rates. ... Thus, if used properly, currency warrants are a very important financial tool in the hands of the ...
- Benefiting from currency rates [PDF] - RBS Markets UK
At first glance, Currency Warrants can be difficult to understand. ... RBS Currency Warrants allow easy access to these sophisticated instruments on the London ...
- matrix currency warrants - Macquarie Bank
Macquarie Currency Warrants. Indicative Pricing Matrix. AXUWMA. AXUWMP. Underlying: AUDUSD. Underlying: AUDUSD. Exercise Price: $1.0500. Exercise ...