Secondary Market
Sometimes the issuer will try to establish a market for the warrant and to register it with a listed exchange. In this case, the price can be obtained from a stockbroker. But often, warrants are privately held or not registered, which makes their prices less obvious. Warrants can be easily tracked by adding a "w" after the company’s ticker symbol to check the warrant's price. Unregistered warrant transactions can still be facilitated between accredited parties, and in fact several secondary markets have been formed to provide liquidity for these investments.
Read more about this topic: Warrant (finance)
Famous quotes containing the words secondary and/or market:
“Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.”
—William Butler Yeats (1865–1939)
“Ae market night,
Tam had got planted unco right,
Fast by an ingle, bleezing finely,
Wi’ reaming swats that drank divinely;”
—Robert Burns (1759–1796)