RE: Moscow listing21 Jun 2020 11:48
Yes I was scratching my head about that Drice but almost didn't dare to believe that in the absence of new shares POG would be in the market for LSE shares to stock the Moscow exchange. Is that too simplistic, too good to be true? I'm anticipating a swift knockdown from somewhere as surely we'll be seeing sizeable daily increases if that's the case. I believe the UT itself wouldn't be a POG trade but maybe the process you are suggesting could account for such a big balancing trade at the end of play on Friday. One last thing could this impact on Polygon's likely bond / short position play, I see they went up to 5.20 % short last Thursday, guess they still win whatever the SP does, clever dicks!