Knowledge Base

← Describe the characteristics and functions of subscription warrants in financial markets
scq

What distinguishes knock-out warrants (turbos) from standard covered warrants?

What distinguishes knock-out warrants (turbos) from standard covered warrants?

They have an unlimited lifespan.
They offer greater leverage with a knock-out barrier.
They can only be issued by the companies themselves.
They are only available on US markets.