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Re: jeffree post# 279925

Wednesday, 12/23/2009 11:22:02 AM

Wednesday, December 23, 2009 11:22:02 AM

Post# of 433232
Jeff... I do not consider myself an expert in the mechanics of trading. However, I do agree with your points about short interest not being reduced and the concept of MMs having the luxury of being short indefinitely to "effect an orderly market". I was just saying that it is impossible to determine what the net effect of these arbitrages is. My understanding is that buy-ins, for non-MMs, is T+4.
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