How are warrant codes structured?

All warrants have a unique 6 character code.

Example:

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
• C: CitiFirst warrants
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