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What Was the Market Inefficiency That You Discovered?
The trade worked because the banks quoted a too tight bit office bread for dex warrants. They were always kind like zero point five vall points, or even one vall point, and implied vall terms higher than the market. So they didn't really care about them having a tied up at office ret. Most retail traders would purchase a tax warrant, or any other warrant, and hold it a long term,. Because they have a view on the market. It's actually not that much when you think about it.