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Market terminology - GMSLA Provision: Difference between revisions
Market terminology - GMSLA Provision (view source)
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For the purposes of this commentary, however, the learning is this: moment you are delivered your security under a [[stock loan]] it is yours, to do with as you please, against all the world. As the article on [[stock loan]] explains, you will almost certainly want to sell it, immediately. Then you will be [[short]]. | For the purposes of this commentary, however, the learning is this: moment you are delivered your security under a [[stock loan]] it is yours, to do with as you please, against all the world. As the article on [[stock loan]] explains, you will almost certainly want to sell it, immediately. Then you will be [[short]]. | ||
{{ | {{sa}} | ||
*[[Stock loan]] | *[[Stock loan]] | ||
*[[Fungible]] | *[[Fungible]] | ||