How can I get warrants on Pluang?

There are two ways to get warrants on Pluang. First, receive them as a bonus by participating in an IPO or rights issue — issuers attach warrants to attract investors, with the amount depending on the issuer's prospectus terms. Second, buy warrants directly in the secondary market while they're still trading — warrants have their own "-W" ticker (e.g. BBCA-W) and can be bought during regular trading hours on the RG market across both sessions, by anyone with an active Indonesian Stocks account on Pluang.

Path 1 — Receive warrants as a bonus:

• Participate in an E-IPO through Pluang where the issuer bundles warrants with new shares
• Or participate in a rights issue where the company offers warrants as a sweetener to those who exercise their rights
• The number of warrants received depends on the issuer's terms — published in the prospectus before the IPO or rights issue

Path 2 — Buy warrants in the secondary market:

• Search for the warrant ticker on the Explore page (e.g. type "BBCA-W")
• Place a buy order during regular trading hours — warrants trade on the RG market across both sessions
• Anyone with an active Indonesian Stocks account on Pluang can buy listed warrants
• Warrants must still be within their valid period — once expired, the ticker is no longer tradeable

Related questions:

Q: Are warrants always free?
Not in the secondary market. Bonus warrants from an IPO or rights issue are free; warrants bought on the secondary market trade at whatever price the market sets.

Q: How do I know if a stock has warrants attached?
Search the ticker with the "-W" suffix on the Explore page. If it exists and is still valid, it appears as a tradeable instrument you can add to your portfolio.

Q: Do all Indonesian stocks have warrants?
No. Warrants only exist for companies that specifically issued them as a bonus, typically during an IPO or rights issue. Most listed stocks never have a "-W" ticker at all.

Q: Can I sell my warrants before exercising?
Yes. Warrants are freely tradeable during regular hours across both sessions, so you can sell at any point before expiry instead of waiting to decide on exercising.