Future Money

What is warrant? Warrant gives owner (buyer of warrant) the right to buy the issuer’s share at a certain price (which we call it exercise price). Warrant is usually issued by the listed company itself. Why do we buy warrant when we can buy the stock right away? Warrant enable the owner to buy the underlying share at a discounted price when/if the stock price is higher than the exercise price. Besides, short term traders buy warrants because of high leverage it gives with considerable low investment [...]