i wanna short some japanese stocks. Interactive brokers doesnt offer ANY stocks for shorts. which brokers do you use ?
japan brokers - short sale?
- Thread starter peregrinecap
- Start date
You have to be a resident to open an account with a local broker.
nonresidents cant short?
Nonresidents can't open any (even cash) kind of stock trading account. The only account a nonresident can open here is one to trade commodities.
but my IB account opened elsewhere can go long japanese stocks
That's true, but I understood you to mean that you were looking for a Japanese broker as IB doesn't offer shorting for Japanese stocks.
maybe this solution is too simple but have you thought of shorting ADR's of JPY companies like TM, SNE?
Until such a time that you're able to short using IB, you could use inverse ETFs for either Nikkei or Topix if that interests you.
as i said, i am looking to short some stocks, not indices.