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Online Share Trading

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TOPSBX

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boing
Frequent Contributor
I do not understand TOPSBX. Why is its price so high compared to the other warrants?
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6 REPLIES 6
saash
Super Contributor
Gearing is 2.69. The others are much higher.
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Not applicable
strike on topsbx is 35000 pts-warrant is already deep in the money. strikes on others are much closer to where the futures are. topsbz and topabp 26000
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boing
Frequent Contributor
Thanks for the input. When I look at SAFEX on x-markets, there are 2 codes; DEC07 and MAR07. Must I look at the MAR07 one to track the TOP40 futures and why is there 2 codes?
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Not applicable
i use ig index to track the futures so i'm not sure what x markets is displaying. dec 07 has closed out-so its mar 2008 that the warrants are based on.
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Viresh
Occasional Contributor
Contra, how reliable is igindex? I tried going to their website..says server too busy! Thoughts on GT247? thanks
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Not applicable
havn't traded on igindex. basically use them for free info mainly to track topi futures.so far i havn't had any problems with logging on or losing the connection. can't comment on gt247 coz i havn't tried them
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