Structured warrants trade on several Asian exchanges, and the rules are not the same on each. Board lots, settlement, who is allowed to issue, and even what the products are called all change when you cross a border.
Bursa Malaysia lists structured warrants over blue-chip single stocks and indices, issued by eight licensed issuers including Macquarie, RHB, Kenanga, CIMB, Maybank IB, and Affin Hwang. The structured warrants Malaysia market spans call and put warrant Malaysia offerings across banks, plantation, and telco names.
9 underlyings and 8 issuers covered.
Malaysia structured warrants →HKEX lists derivative warrants and CBBCs over the Hang Seng Index (HSI), Hang Seng TECH Index (HSTECH), and single Hong Kong stocks — the most actively traded warrant market in Asia by turnover.
2 underlyings and 1 issuer covered.
Hong Kong structured warrants →Beyond Malaysia and Hong Kong, issuers extend structured warrant and index/ETF-linked offerings across other ASEAN exchanges, giving traders diversified leveraged exposure to regional benchmarks.
1 underlying and 1 issuer covered.
ASEAN structured warrants →A call warrant on Bursa and a call warrant on HKEX are the same instrument in theory and quite different in practice. Hong Kong additionally lists CBBCs, which carry a mandatory call that terminates the contract early — a structure Bursa does not offer at all.
Naming conventions differ too. A Malaysian warrant code tells you the underlying, the issuer and the series in a few characters; see the naming convention guide for how to read one.