1H
-0.42%$0.0000
24H
-1.15%$0.0001
7D
-2.96%$0.0003
30D
-7.47%$0.0009
The Reverse Convertible Note (RCN) is a hybrid security that combines aspects of debt and equity. The RCN provides the investor with an option to convert their investment into shares in the future, typically upon maturity. This guide will discuss what RCNs are, how they work, and why you should consider investing in them.
FinTech, which is at the forefront of current financial innovation, is set to improve existing financial services, like banking, insuring, and investing.