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> Do you mean, this is legal for market makers? Yes, market makers are allowed to sell short without having a locate. It should be noted that the market maker
by notyourday 6y ago
> Do you mean, this is legal for market makers?
Yes, market makers are allowed to sell short without having a locate.
It should be noted that the market makers will attempt to zero out their total exposure by the end of the trading session.
- mlrtime 6y agoThat should be DMM or PMM or the equivalent designation by the exchange. These are special appointments, you can't just call yourself a market maker and sell short.
- notyourday 6y agoOh yes, definitely. There are a lot of regulations for market makers.