shorting QQQ

[jvasto]

Is it true that the uptick rule doesn't apply to the Q's since they are a index stock?

 

[omcate]

Quote from jvasto:

Is it true that the uptick rule doesn't apply to the Q's since they are a index stock?

The uptick rule does not apply to QQQ because it is an Exchange Traded Fund(ETF). The best way to think of an exchange traded fund is as a mutual fund that trades like a stock.

 

[jvasto]

Quote from omcate:



The uptick rule does not apply to QQQ because it is an Exchange Traded Fund(ETF). The best way to think of an exchange traded fund is as a mutual fund that trades like a stock.

thank you!