ASX Warrant Codes

ASX Warrants are issued with a six letter code. The letters describe some of the major features:

• the first 3 letters describe the underlying security:
  • Index warrants
    XJO - ASX 200 index
    XDO - Dow Jones Industrial Average
    XND - Nasdaq 100
    XSP - S&P 500
    XNK - Nikkei 225 index
  • Currency warrants
    The first letter represents the delivery currency, the second letter is always X and the third letter indicates the exercise currency.
    AXU identifies Australian dollar/US dollar exchange rate.
  • International warrants
    The first letter Z identifies commodities or international stocks:
    ZAU - warrants over fine gold
    ZDI - warrants over Diamonds Trust units
    ZBH - warrants over ADRs of BHP Billition plc ords (LSE)
    ZBR - warrants over shares of BIL International Ltd (NZSE)
    ZRI - warrants over ADRs of Rio Tinto plc ords (LSE)
• the fourth letter identifies the type of warrant:
  • W - general call or put warrants relating to equities, indices or currencies;
  • I - instalment warrants;
  • E - endowment warrants;
  • X - structured warrants, such as capital protected warrants or capped warrants;
  • D - temporary code assigned to a warrant with deferred settlement;
• the fifth letter identifies the warrant issuer;
• the sixth letter shows the warrant series:
  • A ~ O is reserved for call warrants;
  • P ~ Z is reserved for puts.

Example

ANZWPL

• ANZ represents Australia and New Zealand Banking Group Limited;
• W indicates that the instrument is a warrant;
• P identifies the security issuer as BNP Paribas;
• L identifies the warrant as a call warrant.