Date: August 14, 2017
Warrants listed on SGX are primarily European-style and may only be exercised on the expiry date. At expiry, the settlement of the warrants is usually made in cash rather than a purchase or sale of the underlying asset.
| Types | Call Warrants | Put Warrants |
| Market View | A Bullish View of the underlying asset | A Bearish View of the underlying asset |
| Rights of Warrant Holders | Holders have the right, but not the obligation, to buy the underlying assets from the issuer at a predetermined exercise or strike price on the expiry date | Holders have the right, but not the obligation, to sell the underlying assets to the issuer at a predetermined exercise or strike price on the expiry date |
| Lifespan | Warrants have an average lifespan of 3 to 9 months. Warrants are also offered with longer tenure between 1 to 3 years. | |
| Settlement if warrants expire in-the-money | Cash settled if the settlement price is above the exercise price | Cash settled if the settlement price is below the exercise price |
| Potential Loss | Total investment outlay | |
