The warrants information from OnVista is all very well, but it has the slight drawback of being utterly useless. SEDOL code is no use to man or mouse, what we need is the "EPIC" (ie the TIDM code).

Hello? Anyone there?

ZZaxx,

I will post it for you for Bullie on PBB

Sorry I do not trade warrants so could not comment.

However welcome to MoneyAM

Cheers

Ash

Ashley, are you lost, or just having a flashback?

Did you say ADVFN, Mr Ash? I thought there was something familiar about this place, just couldn't quite put my finger on it. And do you work here, or are you just visiting?

Zzaxx,

Lost, why?

Cheers

Ash

Snap. :-)

LOL!

Very funny!

Cheers

Ash (clearly lost it)

On another tack, and while waiting for any response at all on this - I get a "you don't have the rights to add this" error trying to add covered warrants to my monitor - but according to the pricing pages, UK Warrants are included at all levels.

One of these systems are wrong - which is it?

zzaxx99. It is a seperate product and as yet cannot be entered in the stockwatch. As for Epic codes we have asked the question of onvista, and wil ge back to you.

regards

M

Do any of the brokers actually offer online trading of covered warrants yet? I've tried a few late last year and none of them offered them at that time.

Give comdirect a go snappy, I have been trading covered warrants for about a fortnight,but you will have to sign a bundle of risk documents first.
Hope this helps.
regards.

Porky,

I have an application pack for them here but when I last checked their website it said telephone only still for the covered warrants. Glad to hear that at least one broker has now introduced electonic trading.

1. Is the website quite speedy to get a quote and then execute it?

2. Is it an at best type execution or quote and accept within the 15 seconds order system?

Risk warning is fine ;-) On some I consider it less risky than owning the same quantity of physical stock and no stamp to pay either...

Thanks and regards

Snappy.
Once you have delivered the risk documents and been accepted, the whole process is quick to deal online.
It`s execution only, with the accept time down to 10 second .I must admit it does say on the site that it is telephone dealing only, but when you have opened an account you can deal online.
All the best.
Kind regards.

Porky, that'll save me up to 500GBP per day in stamp duties (i mean active traders trading tax). I'll get my application in then ready for my return from holidays.

Happy new year (Chinese)

and I wish you great success

Hardly surprising when only one brokerage (Comdirect) actually offers an electronic trading capability.

Other brokerages and the FSA should pull their fingers out.

DJ London Stk Exchange's New Covered Wt Mkt Very Thin-Survey

Edited Press Release

LONDON (Dow Jones)--Almost four months after the London Stock Exchange PLC launched its covered warrants market, trading volumes in the new securities are still very thin, according to research published Thursday by Knowledge Technology Solutions PLC, the live financial data technology company.
Turnover volume of covered warrants in January was 542 million and valued at GBP9.3 million. This is the equivalent to approximately 0.01% of the GBP77.5 billion traded in equities in the same month.
Since the covered warrants market was launched in October 2002, it appears the appetite among U.K. retail investors for these new securities has not rivaled that in continental Europe.
For example, in November almost 352 million covered warrants with a value of only GBP3.4 million were traded in London. In December, turnover rose to 509 million covered warrants valued at GBP6.2 million. In February to date, volume turnover is up only slightly on January to 556 million covered warrants with a value of GBP12.1 million.
While it is still early days for the new covered warrants market, it is lagging behind other major European exchanges, such as Deutsche Bourse, and the Spanish, Swiss and Italian Exchanges. Figures from the Federation of European Securities Exchanges show that the Helsinki Exchange's market in covered warrants is the closest in size to the LSE in terms of turnover. But with a turnover in covered warrants of GBP34.5 million across 180 types of covered warrant in January, the HEX market is considerably more active than London's.
However, the LSE has been successful in growing the number of different covered warrants available. There are now 375 different instruments listed, compared with 160 at launch.
Covered warrants give holders the right to buy or sell a given security at a preset price, at or before a future date. They were introduced to give the U.K.'s private investors the opportunity to profit from movements in the markets without having to pay stamp duty on trades.
Dr Marc Pinter-Krainer, chief executive of KTS, said: "The LSE launched its covered warrants market with a blaze of publicity last year. But despite its best efforts it seems that demand for the new instruments is weak. Perhaps this is not the right time to be testing the appetite among private investors for a new type of instrument."
Knowledge Technology Solutions carried out this research using QuoteTerminal, its live financial information product aimed specifically at the U.K. market. QuoteTerminal offers financial news, data and analysis from news providers.

(END) Dow Jones Newswires

-- Bullshare et al,

Any response from OnVista re: SEDOL code - this is a really truly useless reference to the warrant - anyone trading these will need the EPIC/TIDM code

I have reminded Onvista about this. Seems illogical not to have it really.

M