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patchman

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patchman

Re: z4lover post# 225041

Saturday, 10/03/2009 7:41:44 PM

Saturday, October 03, 2009 7:41:44 PM

Post# of 346922
if the first trade sale to a buyer is ex-clearing it requires a second trade (not ex-clearing) to create a CNS fail. the second trade would be the long from the ex-clearing trade selling out a position in the open market before the ex-clearing trade settled.
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