Recording warrants and rights

Step by step

1. 1Use Trading for a purchase or sale. Enter the quantity and actual total amount excluding fees. Use a short sale or cover only for an actual short transaction.
2. 2Under Events, select Rights received as distribution when new rights are allocated. Enter the quantities and gross distribution value in the accounting currency. This records a distribution; it does not split cost off existing shares.
3. 3For exercise, enter the shares actually received or delivered, their quantity and the total exercise price. Also choose whether you receive shares, deliver existing holdings or open or close a short share position.
4. 4For worthless expiry, select the event for holdings or a short position. For cash settlement, enter the actual settlement amount. Fees can still be entered separately.
5. 5A transfer moves the position to another broker. A split or consolidation changes the quantity using the ratio entered. A conversion preserving cost uses a complete allocation; an exchange uses the consideration entered.
6. 6In Year-end value, specify whether the quote is per registered warrant or right, or per underlying unit. Enter the contract factor only for the applicable quote basis. Check the preview before confirming.

What is on the screen?

• Warrant or right and quantity
• Actual total amount and fees
• Shares received or delivered
• Quote basis and contract factor

What happens next?

The chosen event remains recognisable in the transaction and portfolio. On delivery, shares are handled together with the warrant or right.

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