ASX Option Codes
ASX Options are issued with a six letter code. The letters describe some of the major features:
- the first 3 letters describe the underlying security:
- Index warrants
XJO - ASX 200 index
XDO - Dow Jones Industrial Average
XND - Nasdaq 100
XSP - S&P 500
XNK - Nikkei 225 index
- Currency warrants
The first letter represents the delivery currency, the second letter is always X and the third letter indicates the exercise currency.
AXU identifies Australian dollar/US dollar exchange rate.
- International warrants
The first letter Z identifies commodities or international stocks:
ZAU - warrants over fine gold
ZDI - warrants over Diamonds Trust units
ZBH - warrants over ADRs of BHP Billition plc ords (LSE)
ZBR - warrants over shares of BIL International Ltd (NZSE)
ZRI - warrants over ADRs of Rio Tinto plc ords (LSE)
- Index warrants
- the fourth letter identifies the type of warrant:
- W - general call or put warrants relating to equities, indices or currencies;
- I - instalment warrants;
- E - endowment warrants;
- X - structured warrants, such as capital protected warrants or capped warrants;
- D - temporary code assigned to a warrant with deferred settlement;
- the fifth letter identifies the warrant issuer;
- the sixth letter shows the warrant series:
- A ~ O is reserved for call warrants;
- P ~ Z is reserved for puts.
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- ANZ represents Australia and New Zealand Banking Group Limited;
- W indicates that the instrument is a warrant;
- P identifies the security issuer as BNP Paribas;
- L identifies the warrant as a call warrant.