Look in the Reference data section of our web site to see the list of warrants, or download the full list as a .CSV file.
All warrants have a unique 6 character code.
The fourth character identifies the type of warrant.
All warrants have a unique 6 character code.
The fifth character identifies the Issuer. All warrants issued by that Issuer will use a fifth
character allocated to that Issuer.
Whenever a new warrant series is approved for trading on Cboe Australia an announcement is made to the market which attaches the PDS relevant to that warrant series. These are included in the Announcements section of our website. You can also follow the link beside each symbol in the Reference Data section.
Alternatively, the Issuer of the warrant series will have the relevant PDS on their website. You can find links to Issuer websites in our Issuer details section.
You can trade Cboe quoted warrants through brokers that are Cboe Australia trading participants. The list of Cboe Australia trading participants is available in our Trading section which can be accessed from our home page.
Trading and settlement of warrants is very similar on both markets. Settlement will go through CHESS and the warrants are on the register used by the Issuer irrespective of which market the warrants are traded on.
The warrants being traded on each market are different. There might be the same type of warrants for example instalments, MINIs etc., some of the Issuers might be the same and the underlying instruments may be the same but the actual warrant series will be different.
Importantly, each series will have its own market – bids and offers and volume.
Cboe Australia anticipates that over time, there will be more and more warrants being quoted on its market
Check the Symbol against the list in our Reference Data section to see if the warrant is quoted at Cboe Australia.
Some issuers have different 5th letter symbols on Cboe Australia. Citiwarrants (CTW) uses “C” as the 5th letter on Cboe Australia and “O” at ASX. Other issuers use the same letter on both exchanges.
No, you can’t. Warrants quoted and traded by Cboe Australia are exclusively traded on Cboe Australia. The same applies to ASX quoted warrants. The simple rule is you have to sell on the market that you bought on.
You will need to have signed a client agreement with your broker and been provided with the Cboe Australia explanatory booklet.
However if you have already been approved for trading ASX warrants, that approval applies to Cboe warrants. You do not need to sign another client agreement.
All retail clients need to be provided with a copy of the Cboe Australia Explanatory Booklet prior to trading. A wholesale client must be provided with a copy of the Cboe Australia Explanatory Booklet if it is requested.
Each broker has its own client agreement. You should ask your broker for a copy.
The Cboe warrants explanatory booklet is from the Download Explanatory booklet section of our website
The reference data section has some terms about each warrant, such as Expiry date, Strike price and type of warrant. This page has links to more detailed reference data, and to the PDS.
The volume visible on screen is not necessarily reflective of the total volume available to buy and sell at a price. This is because Issuers act as, or contract the services of, market makers to provide liquidity.
The volume visible on screen is not necessarily reflective of the total volume available to buy and sell at a price. This is because Issuers act as, or contract the services of, market makers to provide liquidity. The arrangements between issuers and market makers require liquidity to be maintained so that investors can have confidence that, barring an extraordinary event, reasonable prices may be available for the purpose of liquidating existing positions.
If you want to trade in larger volume you should speak to your broker or contact the Issuer of the relevant warrant series
Yes, you will still need to have signed a client agreement with your broker and been provided with the Cboe Australia explanatory booklet.
However if you have already been approved for trading ASX warrants, that approval applies to Cboe warrants. You do not need to sign another client agreement.
All retail clients need to be provided with a copy of the Cboe Australia Explanatory Booklet prior to trading. A wholesale client must be provided with a copy of the Cboe Australia Explanatory Booklet if it is requested.
If you are receiving advice, on investing in warrants, by an adviser employed by a Cboe Australia Trading Participant, then your adviser must be accredited before they can advise you on Cboe Australia traded warrants.
Your adviser must, at a minimum, have accreditation as an Accredited Derivatives Adviser level 1 (also known as ADA1), in order to provide advice on subscribing for, buying, selling and exercising warrants. Advisers with a level 2 accreditation (ADA2) can additionally provide advice on all trading strategies relating to warrants.
For other advisers different types of accreditation are available
Not all brokers are Cboe Australia trading participants. The list of Cboe Australia trading participants can be found in the Trading section of our website which can be accessed form the homepage.
Cboe Australia trading participants are transitioning in their readiness to offer markets in Cboe warrants. You should ask your broker when they will be ready.
