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Re: doogdilinger post# 16454

Monday, 04/20/2020 9:17:48 AM

Monday, April 20, 2020 9:17:48 AM

Post# of 63076
A US based stock can only be shorted through a US registered broker. Many Canadian brokers are registered in the US.

What does this mean?

It means they are subject to the same Fed Reserve Reg T requirements.

$2.50 margin per share.

So if a Canadian living in Canada wanted to short PASO through their TD account they would still have to put up the margin.

In the case of PASO that would be $2500 for a maximum profit of $25....

...which would be a remarkably dumb thing to do.

"Harsh reality is always better than false hope"

Volume:
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Total Trades:
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