liquidity applies to both warrants AND eto's. sure, you dont have to pay the MM ask when buying warrants. But, I NEVER pay MM ask when buying eto's. This is because there are heaps of traders happy to write you an option, vs 1 MM.
rembrandt, some good points. d4f should hurt both derivatives markets. about time too.
redabyss, i have told you many times about the special deal #trade has with rivkins. $28 a trade and OCH + 0%.
