E*TRADE
Derivatives, Options, Futures and Warrants
E*TRADE Derivatives, Options, Futures and Warrants
E*TRADE
Now Offers Covered Warrants:
Thanks to partnerships with SG and Goldman Sachs, E*TRADE
now provides Covered Warrants for £1 commission during
a promotional period on all deals with a consideration of
£250 or more. At the time of your deal your account
will be charged the normal commission rate. At month end,
E*TRADE will rebate your account.
Advantages
of Covered Warrants
Traded like a share through E*TRADE, Covered Warrants allow
you to take out a long (call) or short (put) position on a
wide range of UK and International shares, indices and currencies.
There
are no margin calls or bulky spreads to worry about either
- just fast and reliable pricing with the assurance of a product
backed by the London Stock Exchange and a major global investment
bank.
Advantages
of E*TRADE Covered Warrants include:
- Tight
spreads and liquidity guaranteed by London Stock Exchange
regulations
- Long
or Short the market with up to 100x gearing
- No
minimum trade size
- No
stamp duty payable
- Maximum
loss strictly limited to initial investment
- Eligible
for trading within a SIPP (but not ISA's or PEP's)
The
price of a E*TRADE Covered Warrant is affected by many factors,
such as the level of interest rates, dividends and market
volatility. This means the price of a warrant may change even
if the price of the underlying security remains the same.
You should not trade covered warrants unless you understand
the risks associated with them.
For
further information on E*TRADE, Derivatives, Options, Futures
and Warrants visit the E*TRADE website.
|
