TH EN JP v1.8

Hotline Number 02-695-5000E-mail Address
Site Map
HomeInvester RelationsCG PrinciplesDownloadJob OpportunitiesContact Us


Trading AccountReal-TimeOnline ServiceWebboardSeamico ResearchAccount OpeningLastest NewsProducts &  Service

             
What's New

5 Jun 2015
Update : 5 Jun 2015 0 :0

The details of Derivative Warrants

Dear Online Clients,

Subject: Derivative Warrants


           Derivative Warrants (DW) are financial instruments that the issuers give rights to the buyers to buy (Call Warrants) or sell (Put Warrants) the underlying securities in the future at a pre-determined price, quantity and period as specified by the issuers. A DW issuer is a third party, which is not related to the listed company issuing the underlying securities.
 


Click: The details of Derivative Warrants are as the below

 


Remark:

Symbol of DW: UUU18CA
   UUU     =   Underlying Asset
   18       =   Registered No. of Issued Broker (KTZ = 18)
   C / P   =   The Right to Buy (Call Warrants) / The Right to Sell (Put
                     Warrants)
   A         =   Series A (A-Z)

1. The DW holders will receive the net proceeds (Cash Settlement), which are derived from the closing price of the underlying stock minus the exercise price (After costs of the exercise)

  • Call Warrants: If the closing price of the underlying stock at the last trading date >  the exercise price.
  • Put Warrants: If the closing price of the underlying stock at the last trading date the exercise price.

2. The DW will be valued equal to zero and will automatically delist from the SET. The TSD will not issue any certificates to the DW holders.

  • Call Warrants: If the closing price of the underlying stock at the last trading date  < the exercise price.
  • Put Warrants:  If the closing price of the underlying stock at the last trading date > the exercise price.

3. For further information on DW, please check at www.set.or.th

4. During the last 5 trading days before its last trading date, Derivatives Warrants or DW is categorized as Turnover List.
 

 KT ZMICO Securities Company Limited

 

 

<< Back Top
Open Account
21 days Free Trial
Solaris Asset Management
Online Service

IPO