You can use the following information to distinguish warrants.
Short Code: This is the 5-digit code used to distinguish warrants on Borsa Istanbul. (For example: GRACB: GR-A-CB)
GR: Indicates the underlying asset. It is usually related to the code of the underlying asset. (GARANTI BANK → GR)
A: Issuer – Ak Investment
CB: Code indicating whether the warrant is a call or put warrant. Codes between AA–OZ are used for call warrants, while codes between PA–ZZ are used for put warrants.
Long Code: This is a code that indicates almost all features and parameters of the warrant. (For example: ARCLKC3009200026.60AKM00000.5NA)
The explanations of the characters in the long code ARCLKC3009200026.60AKM00000.5NA are as follows:
Code | Description |
|---|---|
ARCLK | Underlying Asset |
C / P | C = Call (BUY) warrant, P = Put (SELL) warrant |
300920 | Expiration Date – DDMMYY |
26.60 | Strike Price |
AKM | Issuer (Ak Investment) |
00000.5 | Conversion Ratio (Multiplier) |
N / K | Cash Settlement (N), Dematerialized Settlement (K) |
A | Blank Character |
