Interesting lunch topic I had no answer for - SIMON HELP

[#1]

Simon, was chatting over lunch to a few guys and we ended up with warrants, CFD's Futures etc. So the question came about waht if you hold one of these instruments and the underlying gets suspended on the JSE. Would the time decay, interest owed or earned etc still play its self out (and you of course will almost always loose as you cannot trade it if I understand it correctly), or does the "product also" suspend whilst the share is in limbo? Thanks in advance

[SimonPB]

product suspens as we are unable to trade you out of the hedge .. so you're in until unsuspended .. ask the ACL folk from earlier this year ..

[#3]

Nice one...good to know there is fairness built into the rules.... Thus I have to assume the BS model get re-calculated when the share resumes?

[SimonPB]

sure