The regulators in the UK just banned any new short positions of financial sector stocks.
This is insane! You can't be the referee and change the rules in the middle of the game instantaneously in the middle of a play.
Most traders use some form of shorting as part of an overall trading strategy.
Is this not a crime... Interfering, manipulating the locking down a free market.
Uptick rule.. ok.. maybe..
Naked shorts.. ok i get it..
Can't short period...
Means the price can only go up or stay flat right?
Suppose price can go down through liquidations of upside down holders at a much higher price than what the true fair market value of the equity to be. Who is really protected here? Creditors? Counter Party?
Slowing down the market is interfering... What are they going to do next insititute "Market Rewind"" "Time Outs" "Do Overs" "Get out of jail Free cards".
All risks are fully disclosed and all players are sophisticated. If they bankrupt themselves for what ever reason... Tough
This is insane! You can't be the referee and change the rules in the middle of the game instantaneously in the middle of a play.
Most traders use some form of shorting as part of an overall trading strategy.
Is this not a crime... Interfering, manipulating the locking down a free market.
Uptick rule.. ok.. maybe..
Naked shorts.. ok i get it..
Can't short period...
Means the price can only go up or stay flat right?
Suppose price can go down through liquidations of upside down holders at a much higher price than what the true fair market value of the equity to be. Who is really protected here? Creditors? Counter Party?
Slowing down the market is interfering... What are they going to do next insititute "Market Rewind"" "Time Outs" "Do Overs" "Get out of jail Free cards".
All risks are fully disclosed and all players are sophisticated. If they bankrupt themselves for what ever reason... Tough
