[Nick1984]

Most of the local traders I know are swing traders so intraday liquidity doesnt mean to much to them.

Intraday traders are a rarer breed here. With low liquidity its hard to move your contracts.



What i mean in b) normality of price distribution i mean in terms of statistical distributions.

For those who follow MP theory and the price distribution "bell curve", you need a certain number of events to be recorded to assume any distribution follows a normal distribution. I'm not sure in general how normal an exchanges price distribution is but I'm pretty sure that for rudimentary statistical analysis of price distribution once you pass a high enough count of events (i.e contracts being traded) you can assume a normal distribution of price on any given day.