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Most Asked Questions

I bought a call warrant with a last reported price (or nominal price) of HK$0.01 and that reported price has not moved for a long time. I want to sell my holding in such call warrant. Why can’t I get any quotes from the liquidity provider?

The last reported price (or the nominal price) is not necessarily the same as the warrant’s actual theoretical value. In this case, the most likely reason is that the actual theoretical value of the call warrant is less than HK$0.01. This is one of the circumstances in which a liquidity provider is not required to respond to any quote request.