Replies to post #164352 on The Question and Answer Board (IHUB)

[againstallodds]

Cash-settlement ??

Could it be this :


The investor receives cash if the covered warrant can be exercised profitably at expiry. The gain achieved on the warrant is transferred to the holder without the holder having to enact a buy or sell trade.

http://www.londonstockexchange.com/global/glossary/c.htm