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:
“The prime purpose of being four is to enjoy being four—of secondary importance is to prepare for being five.”
—Jim Trelease (20th century)
“Writing ought either to be the manufacture of stories for which there is a market demand—a business as safe and commendable as making soap or breakfast foods—or it should be an art, which is always a search for something for which there is no market demand, something new and untried, where the values are intrinsic and have nothing to do with standardized values.”
—Willa Cather (1876–1947)