Warrants

For this example we are going to configure a call warrant in Apple with strike price 105 USD with expiration in November 2016.

Property	Description	Available from version
Type	The instrument type
Name	The name of the instrument
ISIN	The ISIN-code of the instrument
Status	The status determines what user type the instrument should be available to
Visible Status	The status determines what user type the instrument should be visible to
Currency	The currency that the instrument is based in
Tax Country	The country where the instrument is based according to tax reasons
Default Marketplace	The default marketplace where the instrument is traded
Issuer	The legal entity that has issued the instrument, for example Apple Inc.
Strike price	If the warrant gives the right to the shares in this example at a certain price the value can be defined here	2.04
Underlying units	The number of underlying units that the warrant covers, in this example we should enter 100.	2.04
Underlying instrument	Here we can search for another registered instrument and link to this warrant, for example the stock Apple if we have registered it.	2.04
Warrant type	This is where we define if the warrant is a call or put	2.04

Property	Description
Price Decimals	The number of decimals to use when showing the price of the instrument
Display Percentage Price	If checked the price will be displayed as a percentage value, in the database the value of 98% will be stored as 0.98 but shown as 98%. In this example we are using currency values as the price.
Price	The price of the instrument
Price Date	The date when the price was set
Multiplier	The value multiplier of the instrument. Since the underlying number of units for this instrument is 100 shares we are going to set the multiplier to 100. This means that if 1 warrant is traded at a price of 100 the cost of that trade will be 502 USD (1 warrant x 5.02 price x 100 shares).
Decimals	This is a legacy property that should be left blank
Quantity Decimals	This is the number of decimals that should be used for the units. The option is traded in whole units and thus we write 0 for this value.

Property	Description
First Trade	The first date on which the instrument should be available for trading
Last Trade	The last date on which the instrument should be available for trading
Expiration	The date on which the instrument will expire
Datasheet URL	A link to an instrument description
Categorization	Instrument Categorization
External Reference	A reference that could be used to link the instrument to an external system or some other reference
Lock In Period	The period that a legal entity should be locked in before being able to sell after having purchased the instrument
Fee Category	Which fee category the instrument should belong to according to /wiki/spaces/KB/pages/66584622
Buy Commission	The percentage commission charged on buy orders
Sell Commission	The percentage commission charged on sell orders
Early Sell Fee	The percentage fee charged on orders that are being executed within the lock in period.
Product Compensation	The percentage of kickback that should be given to the associated re-seller on the orders of the instrument
Account Type Limitation	Determines if the instrument should be limited to certain account types.