Bucharest Stock Exchange (BVB) has announced that on Tuesday, November 15 , two new warrants issued by Raiffeisen Centrobank AG will start trading.
On the launch date of the new products at BVB, 30 warrants issued by Raiffeisen Centrobank AG are available for trading, with the following underlying assets: shares (Banca Transilvania, Fondul Proprietatea, BRD, OMV Petrom, Electrica, Romgaz), indices (ROTX, EUR, EURO STOXX 50) and commodities: gold.
The trading warrants on BVB offers the opportunity to get exposure on new underlyings, mainly local shares, but also indices and commodities without actually buying the underlyings. The trades are carried out in a transparent environment, as trading and settlement follow the rules of the spot market. The instruments are issued, traded and settled in local currency.
Also, warrants allow investors to benefit from increases/decreases in the underlying price and even to hedge the decrease of the underlying’s price. However, investments in warrants are more appropriate to investors that are able to follow the market trend of the underlying asset.