The Demand Function for Bank-Issued Warrants
Bank-issued warrants are securitized options which are particularly designed to give smaller individual investors the opportunity to participate in the derivative markets. As banks incorporate potentially different margins on top of the theoretical fair values of the products, investors face the pro...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Tuwhera Open Access Publisher
2015-11-01
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Series: | Applied Finance Letters |
Subjects: | |
Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/28 |