Warrant for your Armrest

Usually when we think of warrants, it's in relation to the staple fare of movie houses; in westerns and cop shows. I'll try and work out what the ASX is saying about warrants as it appears they too break up into separate components.

The basic jist is that you can either go for short-term high risk high reward trading warrants or the steady, don't startle the horses long term investment warrants. They do have an Understanding Trading and Investment Warrants brochure to download and there's an online course you can complete.

Trading Warrants

• MINIs
• Guaranteed Stop Loss MINIs
• Equity/Index Warrants
• International Equity Warrants
• Equity/Index Knock-Out Warrants (Turbos)

Investment Warrants

• Bonus Certificates
• Upside Participation
• Downside Protection
• Downside Risk
• Instalments
• Rolling Instalments
• Self Funding Instalments
• Stop Loss SFIs
• Instalment MINIs