Wednesday, October 31, 2018 12:05:23 PM
Unless the market agrees with me
The market rarely agrees with you
I'm used to OTC ignoring Merkur, but I wasn't prepared for that to be the case also when Merkur goes below the PPS on OTC. So we have four options;
1) Traders on OTC are unaware of (or unable to trade on) Merkur
2) The ex dates are different
3) The OTC-marked believes the ex dates are different
4) The MM dictates the PPS on OTC (and are unaware of the TRW-distribution and possibly also Merkur lol)
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