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Re: TEX post# 178

Friday, 12/11/2009 8:40:10 PM

Friday, December 11, 2009 8:40:10 PM

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One for the grist mill -- this means "naked short" right? I doubt it.

...this security is now ineligible for CNS (Continuous Net Settlement) delivery...

What does it really mean? Trades can't settle electronically, I suppose. Doesn't matter if they are long or short. But that language I have not seen before.

#msg-44452827

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