Home > Term: issuer of a covered warrant
issuer of a covered warrant
Also: writer of a covered warrant, writer. Seller of an option, who is obliged to buy or sell the underlying security at the pre-determined strike price. Whether the option is exercised depends on the buyer and the price of the underlying.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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