Just as with warrants and knock-outs, these leverage products entail a strongly speculative element.

The innovative powers of issuers seem to know no boundaries. They meet the demands of investors with new constructions of warrants and other leverage products. The names of these exotic issues are just as creative: Knock-ins, corridor, hamster, chooser and turbo warrants and even CLICK warrants.

Above average chances to make profits are countered by above average risks up to losing everything.

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