Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

DB Warrants

Reply
CLS
Occasional Contributor
Whats up with the huge spread on all their warrants. Simon i think you should check it out. they ripping poeple off. NO wonder nobody wants to buy any of their warrants.
0 Kudos
3 REPLIES 3
P_D_A
Contributor
I agree with you totally , its pathetic , that a bank with such statue can do such a thing , yes , they have to cover there cost , since they there to make money . but the pushing this to far , and are leaving a dent in our portfolio's
0 Kudos
SimonPB
Valued Contributor
can't comment directly as you didn't mention which warrant/wave. But some thoughts; on the DB waves the spread is always wide as they have delta 1 (or very close) and hence the warrant moves fast and crosses the spread quickly. Also depends on underlying stock spread. Further may be bid only (albeit to my memory no DB warrant/wave is bid only). Last point is call them and ask - 011 775 7236.
0 Kudos
Not applicable
SBK not much better solsbo - should be bid 23 ...bid offer 21/23
0 Kudos