Studies On Warrants Law

Warrants have become the first choice of the derivatives in many countries and areas because of its special characters. By studying its process of the development, warrants display strong vigorous. At the same time, many countries have created wonderful supervise magnesium. Although china once issued warrants from1992 to 1996, the result was unhappy because of the speculation. At present, our stock market have been growing, a few companies have issued warrants again by summering vious experience. But the market is unstable. Our law is limited to the warrants. The article will analysis the warrants market on the qualification of issuing subject, the issuing conditions, trading rules, disclosure information, controlling and supervision of risk.The article insists of three parts: In the first part, warrants will be introduced in summary, which includes the concept, elements, characters of the warrants, and the compare with other financial instruments. In the second part, BaoGang warrants and the ShenNengYuan warrants cases will be disscused. BaoGang warrants as the first warrants in recent years are successful on the whole. But it is great pity that most investors just get a little bonus. In the third part, the advices and conceives about the actualizing of warrants in China will be brought forward.