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Naked short: Difference between revisions
→Short Selling Regulations
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*Borrowed sufficient shares to settle the short trade; | *Borrowed sufficient shares to settle the short trade; | ||
*Entered into a binding agreement to borrow those shares; or | *Entered into a binding agreement to borrow those shares; or | ||
*Has an arrangement with a third party (known as a “[[Locate]] | *Has an arrangement with a third party (known as a “[[Locate]]”) under which the third party has confirmed that the shares have been located and there is a reasonable expectation that they will be delivered. | ||
===[[Finbar Saunders]]=== | ===[[Finbar Saunders]]=== | ||
I know what you’re thinking: are you seriously telling me you’re passing up the opportunity to make some sort of louche ''double entendre'' in an article about naked shorts? I bet you ''never knew’d'' that kind of thing could happen. | I know what you’re thinking: are you seriously telling me you’re passing up the opportunity to make some sort of louche ''double entendre'' in an article about naked shorts? I bet you ''never knew’d'' that kind of thing could happen. | ||