The National Securities Clearing Corporation (NSCC) processes OTC equity short transactions for its members. Among its members are the leading FNMA and FMCC OTC Market Makers that are, for example, listed below in order of the number of January trades of FNMA from greatest to least:
ATDF - AUTOMATED TRADING DESK FINANCE - 57,499,014 FNMA shares traded NITE - Knight Capital Americas LLC CDEL - Citadel Securities LLC ARCA - Archipelago Trading Services ETRF - G1 Execution Services, LLC. CSTI - CANACCORD GENUITY INC. BKMM - BNY MELLON CAPITAL MARKETS MERQ - MERCATOR ASSOCIATES, LLC STXG - Stockcross Financial Services UBSS - UBS Securities LLC CANT - Cantor, Fitzgerald & Co. PUMA - Puma Capital, Llc AEXG - ALTERNATIVE EXECUTION GROUP BTIG - BTIG, LLC GUGS - Guggenheim Securities, LLC MAXM -Maxim Group LLC VERT - The Vertical Trading Group VNDM - Vandham Securities RAJA - Raymond, James & Associates WEED - Weeden and Co. Inc. 1,101,000 VFIN - vFinance Investments, Inc. WABR - Wall Street Investor Services TRAS - Tradition Asiel Securities In RAFF - Rafferty Capital Markets, LLC LAFC - R. F. Lafferty & Co., Inc. LAMP - Lampost Capital, L.C. - 449,330 FNMA shares traded
That is incorrect. The SEC has requested that FINRA compile and make available to the investing public, all equities that fail to deliver on all equities traded.
This is to try and stem the flow of Naked Short selling. I think it has failed to meet that goal. Here is an interesting read to get you up to be speed on Naked Short selling: