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Re: flipper44 post# 282617

Thursday, 05/14/2020 3:34:41 PM

Thursday, May 14, 2020 3:34:41 PM

Post# of 722693
100% correct , and if the `locate` isnt completed by the broker then the open position will show on the brokers books and then balance sheet .

So the brpker will send an automated demand to the short seller to close then later in the same session will actually close it out if he didn't respond.


That`s it , no variations on any exchange regulated by FINRA , FCA , AMF, BAFIN ,its the exact same at EVERY broker . broker-dealer or IB .


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