It is a financial investment instrument that gives the right to buy or sell an underlying asset such as a stock, index or commodity at a certain price at a certain maturity date. Since it is leveraged, it provides the opportunity to participate in the return potential of the underlying asset with a small capital. Investors can use warrants for investment purposes according to both rising and falling market expectations. Warrants give the investor a right but not an obligation. Warrants, which can also be defined as securitized options, are traded like stocks. Warrants with market making activities can be traded on Borsa Istanbul through the continuous auction system.
