Wave Warrants What diff to

[#1]

Whats diff between wave and normal warrants? Does wave warrants have an expiry date etc.

[#2]

main difference to be aware of is that waves have a barrier, which once the underlying reaches, your warrants become worthless, there is no return from this point- your money is GONE! normal warrants have no barrier and provided the underlying moves up (call) or (down (put), can increase in value even after hitting a zero value. waves are more highly geared and offer greater returns or losses for a move in the underlying as compared to normal warrants. Trading waves is extremely risky and the chances of losing your entire investment is very high.

[#3]

Thanks,got it and sounds a bit too risky.