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Covered Warrant

13.02.2020

Regulations

Trading time

• Opening Periodic order matching: 09:00 – 09:15

• Continuous order matching I: 09:15 – 11:30

• Continuous order matching II: 13:00 – 14:30

• Closing Periodic Order Matching: 14:30 – 14:45

• Put-through: 09:00 – 14:45

Reference price

Closing price of previous day

Ceiling price

= Reference price + (UL's ceiling price – UL’s reference price)/Conversion ratio

Floor price

= Reference price – (UL's reference price – UL’s Floor price)/Conversion ratio

Trading method

Same as stocks

Trading units

• Matching:  Minimum 100 CW, maximum 500,000 CW/ order

• Put through: from 20,000 CW

Price unit

Matching: 100 CW

Put through: N/A

Order type

ATO, LO, MP, ATC

Related Content

Roles of the Issuer - HSC

Knowledge of CWs

Trading Guidelines