DEFINITION of 'XW'

A symbol used to signify that a security is trading ex-warrant. XW is one of many alphabetic qualifiers that act as a shorthand to tell investors key information about a specific security in a stock quote. These qualifiers should not be confused with ticker symbols, some of which, like qualifiers, are just one or two letters. The qualifier will follow the ticker symbol and be preceded by a space or hyphen.

BREAKING DOWN 'XW'

Warrants are issued by the same company that issued the stock and can be traded with that stock or separately. A stock trading with warrants attached uses the qualifier "ww." A warrant gives the holder the right, but not the obligation, to purchase additional stock from, or sell stock back to, the issuer at a predetermined price within a specific time frame, usually a few years. A stock that is trading ex-warrant previously had a warrant attached but no longer does. The stock's price should be lower as a result.

RELATED TERMS
  1. Ex-Warrant

    When a security is ex-warrant, the buyer of that security is ...
  2. Hard-Coded Stock

    Hard-coded stock is the same as a stock symbol or ticker symbol.
  3. Currency Symbol

    A currency symbol is a graphical representation substituted for ...
  4. Warrant

    A derivative that gives the holder the right, but not the obligation, ...
  5. O

    A component of a stock symbol that indicates the shares of that ...
  6. Warrant Coverage

    Warrant coverage is an agreement between company and shareholders ...
Related Articles
  1. Investing

    Understanding the ticker tape

    Here, we'll explain the meaning and use of that reel of symbols whizzing across your TV or computer screen.
  2. Investing

    Understanding Warrants and Call Options

    Understand the fundamentals of warrants and call options, and find out how these securities contracts are quite similar, but also have some notable differences.
  3. Investing

    Investing In Warrants

    Because many warrants have a long time prior to expiration, they can offer an interesting way to bet on the underlying stock.
  4. Trading

    The Origins Of Common Currency Symbols

    Check out some of the world's most heavily traded currencies and their origins.
  5. Retirement

    The 401(k) and Other Qualified Plans Tutorial

    Learn about eligibility requirements, contributions and distribution rules for these retirement plans.
  6. Investing

    NYSE Glitch Halts Trading in 199 Tickers (ICE)

    A technical glitch described as a "critical issue" has halted trading in 199 tickers on the New York Stock Exchange.
  7. Taxes

    Using Qualified Charitable Distributions to Donate

    If you are looking to make the most of your charitable donations consider a qualified charitable distribution.
  8. Taxes

    How are Qualified and Nonqualified Dividends Taxed?

    Dividends are taxed differently based on if they are qualified or nonqualified.
RELATED FAQS
  1. I own some stock warrants. How do I exercise them?

    A stock warrant gives the holder the right to buy shares at a certain price before expiration. Learn how to utilize these ... Read Answer >>
  2. What are the fifth-letter identifiers on the Nasdaq?

    In some cases, a stock ticker symbol on the Nasdaq will have five letters, and the fifth letter is an identifier symbol. Read Answer >>
Trading Center