Unlike stock options, warrants listed in the U.S. and Canada are not auto-exercised on the day of expiration. In the event a holder fails to request a warrant exercise, the warrant position will expire worthless in the account at expiration.
Please Note
- Warrants listed on European exchanges cannot be exercised before expiry. They will auto-exercise at expiration if they are in-the-money, otherwise they will be removed as worthless.
Additional Information