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Most Asked Questions

I hold a call warrant over an active underlying stock with an exercise price of HK$45. The spot price of the underlying stock is HK$50. Is the stock warrant eligible for active quotes?

Issuers provide active quotes for warrants with moneyness between 20% in-the-money and 20% out-of-the-money.

Where the spot price of the underlying stock is HK$50, an exercise price of the stock call warrant between HK$40(+20%) and HK$60(-20%) meets the ±20% moneyness criteria. In this case, your warrant should be eligible for active quotes (subject to it meeting the other criteria), as the exercise price of HK$45 falls within the ±20% moneyness range.