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SB Warrants

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Asher
Regular Contributor
OK. I get that I may be the only person still trading warrants but please be patient and explain to me why there is such a MASSIVE spread on most of SB's warrants

I do most of my trading after market close and I am wondering if this is the reason: does the site not show the bid & offers at market close? Or is it like this all day?
Currently AGLSBI has: Buyers at: 30 Sellers at: 41
:O
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2 REPLIES 2
john_1
Super Contributor
Asher, The market maker( the sourse of almost all liquidity) is only pressent in the market from 9.10am-4-50pm everything else is just bottom feeders and hopfulls. Please take care to place trades against the matrix as this is what the issuer( market Maker)are using to determine the price. Good luck!
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YNWA
Super Contributor
Ash.....you can download the daily or in your case nightly matrix (spreadsheet) from.... http://www.warrants.co.za/servlets/za.co.scmb.www.proxy.WarrantsWWW/DailyWarrantMatrix.xls .....updated every morning for that days trading. Adios.
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