Cboe Australia Warrants

Flexible access to leveraged exposure across a range of asset classes.

Warrants provide investors an alternative way to invest in a variety of tradable assets and the opportunity to access higher growth while reducing exposure to any one particular asset or risk. They derive their value from an underlying asset such as a security, an index, a commodity, a currency or an interest rate. Certain warrants investors with the option to buy or sell the underlying assets at a predetermined price. Alternatively, other warrants offer cash payments that reflect of the underlying asset at a particular time.

Warrants can provide diversification to a portfolio or offer the potential to leverage market shifts. There are varying styles of warrants and ways in which they can be used, depending on investors risk appetite, personal circumstances and investment objectives.

As of 31 December 2023, Cboe Australia offers over 1,100 uniquely quoted warrants, covering equities from Australia's largest companies, indices, currencies, commodities and fixed income.

Warrants List

View the current list of warrants available on Cboe Australia.


The price of the warrant will change as the price of the underlying fluctuates.


Read the explanatory booklet, Investing in Warrants, on what you need to know before investing.

A Focus on Quality Markets

There are 2 broad types of warrants. Trading style warrants have features that better lend themselves to shorter term trading. Investment style warrants are typically held for longer although they can also be traded actively.

Underlying Asset

Underlying Asset

All warrants have an underlying asset - it can be a security, a share price index or an instrument based on an index, a foreign exchange rate, a commodity or other asset.
Trading Warrants

Trading Warrants

Trading warrants are typically cash settled and investment style warrants are typically deliverable which means you have the right to purchase/sell the underlying asset.
Expiration Date

Expiration Date

Some warrants have an expiry date which is the last day that a warrant can be exercised.
Conversion Ratio

Conversion Ratio

Warrants have a conversion ratio which tells you how many warrants you must hold if you want to buy/sell the underlying by exercising your warrants.
Foreign Exchange Rate

Foreign Exchange Rate

Index warrants and warrants over commodities or foreign exchange rates have a contract multiplier which is used to calculate the value of the warrant. The multiplier may be denominated in a foreign currency.

To learn more about the benefits, risks and style of warrants, download our explanatory booklet, Investing in Warrants.

Issuers of Warrants
Citigroup Global Markets Australia Pty Ltd
1300 30 70 70
Registry: Computershare Australia
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Warrants - FAQ


Reference Data

The latest list of Cboe Warrants.

Explanatory Booklet

The Investing in Warrants guide on what you need to know before investing.

Trading Participants

Learn who are Cboe Australia's trading participants.

Issuers of Warrants

CitiFirst investments in Australia cover a broad selection of quoted warrants, structured products and funds.

Warrant Issuer Announcements

Subscribe to the Warrants Weekly