This book is the first Australian book on warrants and warrant trading strategies. The focus of this book is on "leverage" - how traders can control large amounts of money with small sums. Warrants can be traded in bull and bear markets and also provide leverage.
Warrant holders do not usually own the underlying security, but by holding a relatively low - priced warrant they can profit from price increase (or falls) from the much higher priced shares over which they are traded. This book concentrates on the types of warrant products available to Australian trades - how they differ from each other and how they can be used in different ways and different market conditions.
