If a securities firm is short of underlying securities to meet its obligations to redeliver securities, it may seek refinancing from a securities finance enterprise.
Mild cases of diarrhea are treated with Bismuth subsalicylate (trade name Pepto-Bismol); extreme cases are treated with fluid and electrolyte replacement while the underlying disease passes.
If the price efficiency underlying index after the listing of 50ETF isn’t improved, liquidity traders will sustain losses with information traders, speculator and arbitrager can’t profit.
By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.