Re: WTG/Century Arb spread....
posted on
Jun 06, 2011 10:44PM
Ok... Call names all you want. I pointed out correctly that the arb spread is mainly due to lack of borrow for wtg. And to answer your point about no arbitrageurs coming in... That's wrong. I wouldve gladly fully hedged my cmm position going short in wtg... And that would already been good enough to close the spread given how thinly traded wtg is.