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WARRANT CODE STRUCTURE


How are warrant codes structured?

All warrants have a unique 6 character code.

Example: B H P K C A
1 2 3 4

1. The first three letters represent the underlying Asset

2. The fourth character identfies the type of warrant
I, J Instalments and Instalments MINIs
S Self-funding Instalments
K, Q, M MINIs
L GSL MINIs
T, U, V, W Put and call trading warrants
X, Y, Z Others which include barrier and knockout warrants/turbo warrants

3. The fifth letter indicates the Issuer Code
Issuer Name Issuer Code
CitiFirst warrants C

4. The sixth letter indicates Long or Short
A to O Long/Call
P to Z Short/Put

The next available letter is normally used for position 6