Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

13455

0.38000000 HKD
0.05
11.63%
Last update Jun 6, 3:46 PM HKT
Market closed
Day range
0.38000000
0.40500000
Previous close
0.43000001
Open
0.38499999
Access this stock data via API
Subscribe
Macquarie Bank Ltd Warrant
0.38
0.05
11.63%

Overview

Description

Macquarie Bank Ltd Warrant is a financial derivative issued by Macquarie Bank Limited, one of Australia's leading financial institutions. A warrant is an instrument that grants the holder the right, but not the obligation, to buy or sell the underlying asset, typically a company's stock, at a specified price before the expiration date. In this context, the Macquarie Bank Ltd Warrant provides investors with exposure to specific underlying Macquarie shares or securities, allowing them to participate in the price movements of these assets without directly holding the equity itself. Warrants are popular among traders and investors due to their leverage potential and lower initial capital requirement compared to direct stock investments. They play a significant role in various investment strategies, including hedging and speculative plays, as they can potentially amplify returns. Specifically, within sectors like finance and banking, Macquarie Bank Ltd Warrants facilitate portfolio diversification, enabling investors to manage risk more effectively. In the broader financial market landscape, warrants issued by reputable banks such as Macquarie are instrumental for both institutional and retail investors seeking tailored financial instruments to meet dynamic market conditions.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Hong Kong
MIC code
XHKG
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 15 hours 27 minutes

17:32
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
09:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 16:10
All times are displayed in the Asia/Hong_Kong timezone (HKT, UTC+08:00).