glaszman, The way they used to do was the NSS shorting mm at the end of t+3 would call his friend and he would sell a matched no. of the same shares to cover his short. This process could go on for ever without having a ftd. Will the new software allow this to still happen? Thanks.
NSS shorting that causes FTD's is against the law.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.