Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/218263 
Year of Publication: 
2002
Citation: 
[Journal:] South African Journal of Business Management [ISSN:] 2078-5976 [Volume:] 33 [Issue:] 2 [Publisher:] African Online Scientific Information Systems (AOSIS) [Place:] Cape Town [Year:] 2002 [Pages:] 31-37
Publisher: 
African Online Scientific Information Systems (AOSIS), Cape Town
Abstract: 
Financial institutions have extended their competitive realm through issuing warrants as retail products. By comparing products from different financial institutions which are similar in all respects, but are differently priced through different implied volatilities, market inefficiencies are demonstrated. Competition between Issuers lead to clearly identifiable market strategies. It is further argued that Issuers, by providing less than complete market information, have developed a position of relative strength, compared to the buyers of warrants.
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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