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 How can I trade

Trading in covered warrants will be done through your broker in almost exactly the same way as trading shares. Note - SG has no facility to trade directly with retail customers.

Before investing you will need to sign a Warrants or Derivatives Risk Warning Notice (on paper or electronically), available from your stockbroker or financial provider to confirm you are aware of the higher risk profile of dealing in warrants. Alternatively, your stockbroker may ask you to confirm (orally or by email) that you have read and understood the Risk Warning.


Warrant Trading hours

Prices for all SG warrants are maintained on the London Stock Exchange between the official LSE trading hours of 8.15am-4.30pm.

However, both electronic and phone trading might be avaiable for SG products starting from 8.00am, with prices available on the SG website or via a Quote Request from your stock broker. You should note that bid-ask spreads on SG products may be wider before official LSE trading begins at 08.15am.

In addition, we offer extended trading time (both online or by phone) for currency, commodity and index (including the FTSE100) which can be traded daily from 8.15am-5.15pm. The prices of index warrants such as the Nikkei225, Nasdaq100, Dow Jones and FTSE100 move in line with changes in the related futures contract when the underlying index price is not available.

Trade SG Covered Warrants with the UK's main e-brokers

You can trade SG warrants  with the following brokers:



 

Please find a list of brokers with whom you can trade SG covered warrants and trackers below (Note- by clicking on a link you will be leaving the SG website. SG is not responsible for the information or services conatined in these sites).

 TD Waterhouse
TD Waterhouse is one of the world's largest discount share brokers, with over US$154 billion of customers' assets under our management. Worldwide, TD Waterhouse currently services more than 4.4 million customer accounts including the UK. Customer Support 0845 607 6001.
http://www.tdwaterhouse.co.uk/invest/coveredwarrants.cfm  
 Selftrade
Selftrade is one of the UK’s leading execution-only stockbrokers offering phone and online services and a leading retail broker for covered warrants, listed CFDs and listed structured products. 
 
0845 0700 720  
https://www.selftrade.co.uk/market-data/derivatives.php  
 Barclays Stockbrokers

Barclays Stockbrokers is the UK's largest execution only retail broker. Offering a range of accounts and deal options, including Covered Warrants trading.
To trade Covered Warrants with Barclays Stockbrokers and access dedicated Covered Warrants research or call 0845 608 9000.

http://www.stockbrokers.barclays.co.uk/?category=whatweoffer&usecase=coveredwarrentsmain  
 E*trade

E*TRADE UK launched its sharedealing service in 1999 pioneering flat-rate charges. The company now offers a range of trading services both online and via telephone for equities and Covered Warrants. Telephone 0800 0 45 60 60 or email: customer.services@etrade.com

https://uk.etrade.com/e/t/uk/investAbout?htmlfile=aec_cw_main.html  

The following sites provide useful information for the UK warrant investor. Scroll down for an alphabetical list of list of brokers who offer a dealing service in SG warrants.

Note - by clicking on a link below you will be leaving the SG website. SG is not responsible for the information or services contained in these websites.

 UK Financial Services Authority London Stock Exchange
www.fsa.gov.uk  
www.londonstockexchange.com  

The Financial Services Authority is an independent body which regulates the financial services industry in the UK. We have four main aims: maintain confidence in the UK financial system; promote public understanding of the financial system; secure an appropriate degree of protection for consumers; and contribute to reducing financial crime.

The London Stock Exchange is the UK's leading stock exchange and the provider of the Covered Warrants trading platform, CWTS. The LSE has launched a micro-site for Covered Warrants containg educational theory and prices for all UK listed warrants.

 McHattie Group Redmayne
www.tipsheets.co.uk  
www.redmayne.co.uk  

For an independent guide to UK company and covered warrants, check out the "Warrants Alert" monthly newsletter published by the McHattie Group. Here you will find details of all publications and services provided by The McHattie Group, which has been publishing advisory newsletters since 1987. Our specialist areas are warrants, investment trusts, and shares.

Redmayne Bentley Stockbrokers provide a comprehensive range of financial services including trading on Covered Warrants.
For more information: 0113 200 6489.
 Capital International Charles Stanley
www.capital-iom.com  
www.charles-stanley.co.uk  
Capital International is based in Isle of Man and provide services such as Investment Management, Wealth Management, International Dealing, Private Client Stock Borking, Investment administrative services, Global Custody and On-line services.
To get more information: +44 (1624) 828200
As a member of The London Stock Exchange, our principal business is the buying and selling of stocks and shares as well as Covered Warrants. We are pleased to offer both a traditional advisory stockbroking service and a dealing-only service in addition to our comprehensive Fund Management package. Tel +44 (0) 20 7739 8200.
 Brewin dolphin Fyshe Horton Finney Limited
www.brewindolphin.co.uk  
www.fyshe.co.uk  
Brewin Dolpin Securities offers a range of complete investment management services. They are one of the largest independent provider of investment management and financial planning services in the UK.

More information on: 020 7248 4400
Fyshe Horton Finney offers broking services on Covered Warrants as well as traded options, investment advice and advisory and discretionary management.

More information on: 0845 850 8503
 Hargreaves Lansdown Harris Allday
www.h-l.co.uk  
www.harrisallday.co.uk  

Hargreaves Lansdown Stockbrokers offer a wide range of execution only award winning services encompassing all the options available. Our aim is very simple; to provide you with a professional stockbroking service and substantially discounted commission charges. Tel 0117 900 9000.

Harris Allday is an independent firm of stockbrokers and Investment Managers, who offer a full discretionary, advisory or execution-only trading in Covered Warrants and Equities. Tel 0121 233 1222.

 iDealing.com Killik & Co
www.idealing.com  
www.killik.co.uk  

iDealing.com is an execution-only internet service designed for private investors, Investment Clubs, and approved Companies to buy and sell UK and Foreign equity shares and Covered Warrants in a live environment. Orders can be executed against real-time quoted prices.

Killik & Co is an independent firm offering stockbroking services in addition to high quality investment and financial planning advice. The company offers advisory and execution-only dealing in Covered Warrants. Telephone 0870 6061444.

 ODL Securities PAdealing
www.odlsecurities.com  
www.padealingbox.co.uk  
ODL Securities is the leading UK independent stockbroker with derivatives expertise. We offer clients FREE offline and online access to UK and US equity and derivatives markets. Trade all covered warrants for a flat fee of £12.50 per trade. Tel +44 (0)20 7903 6100.

PAdealing is the execution only share dealing division of Fyshe Horton Finney one of the oldest and most respected stockbrokers in the country. They have been advisory and discretionary stockbrokers in Birmingham since 1896. The company offers an online trading service in covered warrants as well as a telephone advisory or execution only service. Contact 0845 850 8502 for further details.

 Share Centre Walker, Crips, Weddle, Beck
www.share.co.uk  
www.wcwb.co.uk  

Share Centre is a member firm of the London Stock Exchange, regulated by The Securities and Futures Authority. It operates as PEP and ISA manager and Share Shop, and offers dealing, portfolio administration, and PEP and ISA services. Our Internet service was launched early December 1999, allowing customers to view their portfolio valuations on line, and place dealing instructions 24 hrs a day, 7 days a week.

Walker, Crips, Weddle, Beck has provided stockbroking services since 1914 with the cornerstone of its business and growth directed towards providing investment advisory services to the private client. The provision of advisory dealing, discretionary dealing, management of ISAs, execution only dealing and on-line internet dealing are amongst a wide variety of investment services provided by WCWB. Tel 020 7253 7502.

(*) See terms and conditions on respective broker websites

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