Commerzbank
Securities Derivatives, Options, Futures and Warrants
Commerzbank Securities Derivatives, Options, Futures and Warrants
Commerzbank
AG is one of Germany's largest banks
Commerzbank
Securities is the trading division of Commerzbank AG
Commerzbank
Securities currently offer more than 3000 warrants on a wide
range of the world's leading shares, stock market indices
and industry sectors. These warrants share the main features
of most covered warrants issued by other banks:
- They
are issued on the underlying asset's existing shares, which
Commerzbank Securities buy from the market
- They
are exercisable either into the shares themselves (also
known as physical delivery) or a cash equivalent (also known
as cash exercise), dependent on the terms of the issue which
are detailed in the prospectus
- The
company that you are investing in plays no part in the process
- Holding
the warrant does not entitle you to voting rights in the
company or to receive dividends - unless you switch your
warrant with the underlying shares
- Warrants
give you geared exposure to the company - and, if used in
a certain way, downside protection should the underlying
share price itself fall.
- As
with all covered warrants issued by banks, the investor
is accepting the credit risk of the issuing bank, so it
is advisable to buy only warrants issued by banks with good
credit ratings, such as Commerzbank AG.
For further information on Commerzbank Securities, Derivatives,
Options, Futures and Warrants visit the Commerzbank Securities
website.
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