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Most Asked Questions

What is the entitlement ratio?

The entitlement ratio for a warrant or CBBC is the number of such warrants or CBBCs required to be converted into a unit of the underlying asset at the strike price on the expiry date. For example, if the entitlement ratio of a warrant linked to a stock is 10 to 1, it means every 10 warrants can be converted into one stock at the exercise price at expiry.