CBA Issues First AUD Trigger Warrants

DERIVATIVES

SYDNEY--Commonwealth Bank of Australia launched the country’s first trigger warrants on the Australian Stock Exchange on November 25.

"Our move into the relatively new market for listed foreign exchange warrants will provide investors with the opportunity to access currency markets and to transact and settle through the ASX without the associated costs of direct investment in the FX markets," said Rick Lloyd, the bank’s head of foreign exchange.

Unlike other traditional currency warrants, the

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