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Short selling. This would make NSE rather interesting.
sorovi
#21 Posted : Friday, September 19, 2008 12:48:00 PM
Rank: Member

Joined: 8/3/2007
Posts: 146
Are you referring to option trading. This has been there for sometime in the mature markets. Why do we not have it here
Wendz
#22 Posted : Friday, September 19, 2008 12:49:00 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
If he 'Borrows' shares that you have actually paid for,now that is illegal. He is only supposed to borrow shares that he has financed you and you ahvent finished paying but when you want them back,he is supposed to give them. Mostly,customers normally sign consent when they are being financed coz in any case,you cant trade with shares that you havent paid for.

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.
jmuigai
#23 Posted : Friday, September 19, 2008 2:26:00 PM
Rank: Member

Joined: 9/3/2007
Posts: 3
I for one can't wait to see the NSE introduce it. The short selling ban on wall street is temporary as they try to stabilize and formulate a plan to unclog the credit mess. Shorts also provide much needed liquidity at the bottom or when they have to cover a position when a trade doesn't work out (short squeeze).
Sober
#24 Posted : Friday, September 19, 2008 9:44:00 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
yesterday president bush (read US govt) had to step in the market to 'correct things'
1st is plan to rescue banks and financial institutions by buying big share in mortgage market at a pricd tag of $500bn and $1tn

A likely impossibility is always preferable to an unconvincing posibility.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Kamau Mugi
#25 Posted : Saturday, September 20, 2008 4:13:00 AM
Rank: Member

Joined: 6/25/2008
Posts: 6
News of the proposed Government bailout led to a 'surge' in share price of most financial stocks. According to the NY times,Morgan Stanley was up 33% in the early minutes of trading. Goldman Sachs gained 27%....... Pray what effect do you think this had on short sellers?
Obi 1 Kanobi
#26 Posted : Saturday, September 20, 2008 11:29:00 AM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
Is this not what brokers do everyday in the NSE,thats how they have managed to become millionairres overnight.

They are always passing losses to their clients

Is there something like a moneyday
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
Knower
#27 Posted : Sunday, September 21, 2008 4:47:00 PM
Rank: Member

Joined: 9/22/2008
Posts: 2
IT IS POSSIBLE TO SHORT STOCKS ON THE NSE. I use a company here in the UK called Transcorp. It has a service called OnlineSoko.com that allows people to take short positions on any stock on the NSE. They also have leverage and realtime execution. Wazungu wameendelea kutushinda on our own NSE bwana!

I kinda know a lot
Knower
#28 Posted : Monday, September 22, 2008 5:21:00 AM
Rank: Member

Joined: 9/22/2008
Posts: 2
I do not think that the availability of put options is the same as short selling. In a short sell,you should be able to hold on to your position indefinitely.

I kinda know a lot
kizee
#29 Posted : Monday, September 22, 2008 10:21:00 AM
Rank: Member

Joined: 1/9/2008
Posts: 537
im with jammo here

short sellers play a very activ role in creating an efficient mkt,they are a necessary evil as they help market appropriately price financial products,the nse inherently only allows long trading and this leads to major flaws and overpricin of stox is the order of the day...the FSA has band short selling but there are very many other routes available to short sellers(read CFDS,Futures-short and options)...
jupiter
#30 Posted : Saturday, June 27, 2009 6:55:00 PM
Rank: Member

Joined: 4/8/2009
Posts: 71
Kitanda usichokilalia huwajui kunguni wake.

All that glitters is not gold
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