A type of option or warrant which allows the holder to exercise only on the expiry date.

一种只允许持有者在到期日行权的期权或权证。

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Since the covered warrant is option essentially, this paper considers using option replication strategies to hedge the issuer's risk exposure.

由于备兑权证本质上是期权，因此本文考虑采用有交易成本的期权间断复制模型作为发行人的风险对冲策略。

youdao

Since the covered warrant is option essentially, this paper considers using option replication strategies to hedge the issuer's risk exposure.

由于备兑权证本质上是期权，因此本文考虑采用有交易成本的期权间断复制模型作为发行人的风险对冲策略。

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