The option for investors to purchase shares at 1 cent with the agreement that 1000 shares will be purchased. Originally started in Switzerland, a LEPO works similar to a futures contact and makes it possible for an investor to access most features of owning a share with the exclusion of voting rights and dividends.

Related information about low exercise price option (LEPO):

1. Low Exercise Price Option - Wikipedia, the free encyclopedia
   In 1995 the Australian Stock Exchange started listing of new exchange traded option product called a Low Exercise Price Option (LEPO). A LEPO is a European ...
    
2. Low Exercise Price Option - LEPO Definition | Investopedia
   A call option with an exercise price of 1 cent, and an agreement to purchase 1000 shares. They cannot be exercised until expiry, work similar to that of a futures ...
    
3. What is low exercise price option (LEPO)? definition and meaning
   Definition of low exercise price option (LEPO): The option for investors to purchase shares at 1 cent with the agreement that 1000 shares will be purchased .
    
4. Low Exercise Price Option: Definition from Answers.com
   Low Exercise Price Option - LEPO A call option with an exercise price of 1 cent, and an agreement to purchase 1000 shares.
    
5. What is LOW EXERCISE PRICE OPTION (LEPO)? definition of LOW ...
   Definition of LOW EXERCISE PRICE OPTION (LEPO): An asset whose strike price is close to zero.
    
6. The Pricing of Low Exercise Price Options - CiteSeer
   new product called a Low Exercise Price Option (LEPO). A LEPO is similar to a standard exchange-traded call option, in that it gives the taker the right to ...
    
7. equity warrant - DerivActiv.com - Financial Term Glossary
   A low exercise price option (Lepo) is a call option with an exercise price set deep in-the-money. The limiting case, a zero exercise price option, is when the strike ...
    
8. Eligibility of a financial instrument under UCITS III - PwC Luxembourg
   low exercise Price Option (“lePO”) admitted to the official listing on the australian securities exchange. A LEPO is a European style call option contract with a very ...