Commodity Warrant. A derivative based on commodities contracts traded on exchanges.
Commodity Warrants Australia (CWA) is a locally owned outfit that has been in business for 18 months. It sells warrants based on 12 commodities and financial markets - crude oil, gold, silver, live cattle, corn, orange juice, soy, coffee, cocoa, the Dow Jones Industrial Average, the NASDAQ Composite Index and the S&P 500 Index
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