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These Structured Warrants are not even called by that name anywhere else in the world. They are ' Contract For Difference' or CFD's and CFD's on Equity are Banned in Most of the major markets around the world.
The authorities in US, UK, Hong Kong, India are not fools for banning these Paper Thrash. There is a definite reason for banning the product.
Historical data will show that 99% of the people lose money in CFD's. Meaning 99% of the time, they expire 'Out of Money'.