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

68638

0.24900000 HKD
0.01
4.18%
Last update Jul 11, 10:32 AM HKT
Main market
Day range
0.24900000
0.27500001
Previous close
0.23899999
Open
0.25500000
Access this stock data via API
Subscribe
Citigroup Inc. Warrant
0.25
0.01
4.18%

Overview

Description

Citigroup Inc. Warrant is a financial instrument granting the holder the right, but not the obligation, to purchase common shares of Citigroup Inc. at a predetermined price before the expiration date. Warrants like these are typically issued by the company itself as part of a capital raising or restructuring effort, offering investors an opportunity to partake in potential future price appreciation of the underlying stock. The primary function of the warrant is to provide an investment vehicle with leveraged exposure to the equity of Citigroup Inc., a global financial services corporation operating in diverse sectors such as consumer banking, corporate banking, and wealth management. As a derivative security, Citigroup Inc. Warrant influences the markets by potentially increasing trading activity and liquidity in the underlying equity, while also allowing investors to speculate on or hedge against future price movements. This asset is particularly significant in the context of capital markets where it contributes to the corporate finance strategies and investor portfolio diversification.

About

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

Exchange is currently active.
Closing in 6 hours 29 minutes

09:30
00:00
09:30
16:00
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).