How can the MM get away with this???
BSL has shot up over 8% and the MM now has a buy-sell spread on a call warrant of 27 cents vs 47 cents, while BSL itself only has a one cent spread.
I want to sell the warrant, but by my calculations it should currently be worth around 37 cents. In fact it was showing 36 cents when I first noticed it, but a few seconds later when I refreshed it had dropped to 27 cents.
Surely they can't be allowed these sorts of spreads?