warrants.asia
Tools

Structured Warrant Tools

Four free tools for working with structured warrants — pricing, issuer matrices, expiry timing and currency. All free, no account, nothing stored.

What each tool is for

Pricing calculator

What it does
Black-Scholes theoretical price, delta, gearing, effective gearing and premium, recalculated as you change spot, strike, volatility, time and exercise ratio.
When to reach for it
Use it to see which input actually moves the price. Most people are surprised by how much volatility matters and how little time value survives the last month.
Open pricing calculator

Issuer price matrix directory

What it does
Direct links to the live price matrix each Malaysian issuer publishes — the authoritative source for what you can currently trade at.
When to reach for it
Use it before you place an order. The matrix shows the issuer's indicative bid and ask across a grid of underlying prices, which a last-done price cannot tell you.
Open issuer price matrix directory

Expiry reference

What it does
How the HKEX expiry cycle works and why the final trading day matters more than the expiry date, shown against a dated sample of listed warrants and CBBCs.
When to reach for it
Use it when you are holding into the last few weeks — that is where time decay bites hardest and where holders most often get trapped after the final trading day passes.
Open expiry reference

Currency converter

What it does
Indicative mid-market rates across the currencies Asian warrants trade in — MYR, HKD, SGD, THB, USD and more.
When to reach for it
Use it when comparing a Bursa warrant against a Hong Kong one, or working out what a HKD settlement is worth in ringgit.
Open currency converter

Frequently asked questions

Are these warrant tools free?

Yes. Every tool here is free, needs no account, and stores nothing. The pricing calculator runs entirely in your browser.

Can I use the calculator to price a real warrant I hold?

You can, and it is a useful sanity check, but the output is a model estimate rather than a quote. The issuer's own price matrix is the authoritative source for what you can trade at, because only the issuer knows the volatility assumption they are quoting on.