it is commonly recognized that warrants play an important role in stabilizing the underlying securities in a mature capital market.
作为完善证券市场功能的重要投资工具,权证能降低标的股票波动性的作用在成熟的资本市场已得到普遍认同。
the strike price of an option times the number of underlying securities in the contract.
选择权合约交易的数量与单位履约价格的乘积;
it is shown that the expiration of call warrants causes no fluctuations on the price of underlying securities and enlarged in spite of the increasing of trading volume.
分析结果表明:认股权证在行权时标的股票成交量有所放大,但股票价格并没有波动;
if a securities firm is short of underlying securities to meet its obligations to redeliver securities, it may seek refinancing from a securities finance enterprise.
证券商为因应还券所需而无标的证券可供返还时,得向证券金融事业办理转融通。
moreover—and this was hamilton’svisionary insight—if the interest were paid regularly, and everyone knew itwould be paid, then the underlying securities would gain stable value.
再者——这也是汉密尔顿的远见卓识之处——如果定期支付利息,并且每个人都认为会如此,那么基础证券将获得稳定的价格。
customer may not withdraw the deposited underlying securities without the consent of company.
未经乙方同意前,甲方不得自行领回缴交之标的证券。
the volatility spillover effect between representative warrants in china warrants market and the underlying securities is examined using cross-spectral analysis.
通过互谱分析实证研究了中国权证市场具有代表性的权证与其标的证券之间的波动溢出效应。
accordingly, investors should only invest in basket callable eli over a basket of underlying securities which they wish to own, or own more of.
因此,投资者只应投资于与其欲持有或增持之一篮子证券挂钩之「可赎回」eli。
customer may apply in advance to use any number of shares of the underlying securities that are not assigned for such delivery to exercise long put positions.
未指派交割之证券剩馀股数馀额,甲方得事先申请用以作为办理买进卖权部位之履约。