Firms with the largest short list
- Thread starter giggollo
- Start date
as i thought ib's list is stout. i've been with assent and genesis and assents list is the worst i've ever seen
def
Sponsor
FYI, I'll copy a post IBj made regarding our new and soon to be implemented short locate policy....
Something better (perhaps) now available:
When you try to short a stock, if it is rejected due to reg-SHO or availability criteria, a message will be send to a special SLB team. If there are enough requests (we use patterning algorithms that work over many days), or the stock or requestor meet certain criteria, we will do a manual locate (i.e. search) for the title.
If we find the stock, it becomes available within a few minutes on the TWS and a message is sent to the requestors' TWS informing them the stock is available and (soon) with an indicative rate, if the cost is higher than normal. We are not sending emails because people get enough spam, why add to the clutter (we may change this if enough people prefer it, or we may use the web/trouble ticket preferences which allows sending to email, cellphone, and TWS).
We will also add a request system to the web/trouble ticket system at some point although this is somewhat redundant.
Something better (perhaps) now available:
When you try to short a stock, if it is rejected due to reg-SHO or availability criteria, a message will be send to a special SLB team. If there are enough requests (we use patterning algorithms that work over many days), or the stock or requestor meet certain criteria, we will do a manual locate (i.e. search) for the title.
If we find the stock, it becomes available within a few minutes on the TWS and a message is sent to the requestors' TWS informing them the stock is available and (soon) with an indicative rate, if the cost is higher than normal. We are not sending emails because people get enough spam, why add to the clutter (we may change this if enough people prefer it, or we may use the web/trouble ticket preferences which allows sending to email, cellphone, and TWS).
We will also add a request system to the web/trouble ticket system at some point although this is somewhat redundant.
Serge Pustelnik
Genesis Securities
We have recently expanded our short list.
We have relationships with many Wall Street firms in order to create a large available short list.
As of today, March 15th, 2006 we have:
7039 names
You may find out short list here:
http://www.gndt.com/support/shortlist_gnds.htm
Thank you.
We have relationships with many Wall Street firms in order to create a large available short list.
As of today, March 15th, 2006 we have:
7039 names
You may find out short list here:
http://www.gndt.com/support/shortlist_gnds.htm
Thank you.