It pays to watch for a better ratio during the trading day....

It pays to watch for a better ratio during the trading day. Often there is a better trade possible if you can get set. My last trade is a fizzer so far and I have paid up on the T+2 and have yet to make the other half of the trade or just try and sell the TAS at a better price than I paid.

The higher the ratio though makes EDE a sell and TAS a buy. At 1.2 to 1 you only get 1.2 TAS shares if you sell 1 EDE. At 1.3 to 1 you get 1.3 TAS shares for every 1 EDE you sell. Multiply that by 100,000 and the difference is 10,000 freebies Less some for brokerage.

Have a look at the list of daily change shown and it is easy to see how these swap trades can be a winner.