mohamedo

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Beginner question about warrants

mohamedo posted a topic in Shares and ETFs

Hi Guys, I've recently bought some shares in the SPAC $psth and they offer 2 warrants every for every 9 shares that you hold through the merger I believe. I just wanted to ask how would those warrants be redeemable via IG? Will IG automatically credit those warrants to my account? Sorry for the noob question, I've tried to search on the forum already but to no avail!
- March 25, 2021
- 1 reply

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

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