Short Selling

. . . BACK

In our continuing effort to allow our customers a full trading environment, we allow short selling. A customer must first have a a margin account to be eligible to short a stock. Customers can short a stock if it shows as being available in the "Short Qty" column on the myTrack monitor (the amount of shares available to short will be indicated). If it is not available in this column (no value in the Short Qty column), the customer may request that we locate (find) shares for them to short. The customer can do this by sending us a request using the Short Request option located on the title bar on top of your myTrade screen. Within approximately ten minutes, if the stock is available to short, the customer will receive an email indicating this and will also see that the Short Qty column in myTrack has been updated to reflect this.

Please note that writing (shorting) of index options are not permitted.