A share is said to be trading ex-rights when buyers will no longer have rights under a pending rights issue....more on Ex-rights
Shares of stock that are trading without rights attached.
In connection with a rights offering, shares of stock that are trading without the rights attached. 
Used in the context of general equities. Remove any trace of an Autex indication's existence at any
Stock sold without the right to participate in an offer of securities to existing shareholders by a company in proportion to their existing holdings. 
Purchase of shares without entitlement to current rights issues. This entitlement remains with the... <a target=_blank href='http://www.finance-glossary.com/terms/ex-rights.htm?id=507&ginPtrCode=00000&PopupMode=false' title='Read full definition of ex rights'>more</a>
Refers to a transaction which the new purchaser of a stock is not entitled to participate in the recently declared rights offering. The mechanics are similar to ex-dividend conditions. Here, the exclusion point in time is known as the ex-rights date. 
without having the right to subscribe to new issues of stock, the rights being retained by the seller of the stock. Abbr.: xr&hasp;