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Tag: Exchanges

  • Exchanges should require naked shorts to buy back shares

    Exchanges should require naked shorts to buy back shares

    Equity short sellers come in two basic varieties: First, “naked shorts” who borrow shares from another account to sell the shares to be repaid later, and second, “sellers against the box” who possess the shares they sell short. Sellers against the box are hedging a position, holding the shares that are sold. The bulk of…