A trade in a complex Hadamard matrix is a set of entries which can be changed
to obtain a different complex Hadamard matrix. We show that in a real Hadamard
matrix of order n all trades contain at least n entries. We call a trade
rectangular if it consists of a submatrix that can be multiplied by some scalar
c=1 to obtain another complex Hadamard matrix. We give a
characterisation of rectangular trades in complex Hadamard matrices of order
n and show that they all contain at least n entries. We conjecture that all
trades in complex Hadamard matrices contain at least n entries.Comment: 9 pages, no figure