Home arrow FAQs arrow Short Sale arrow What is the Short Sale Rule?

FAQs

Login Form






Lost Password?
No account yet? Register
Open an AccountOpen an Account
What is the Short Sale Rule? PDF Print E-mail
In order to sell securities of which you do not own, (i.e. short sale), per NASD Rule 3350, you can only sell on an uptick where the current bid is higher then the previous sell.
 
< Prev
[ Back ]

Please note: There is a risk factor involved in electronic trading, and it can result in substantial loss. You should therefore take into account the crucial factors of your financial status and resources before opting for such trading solutions. Please click here for more information. Money Laundering Prevention

Copyright 2006 © MMVI TurboTrade Financial, Ltd. All rights reserved.

Valid XHTML 1.0 Transitional Valid CSS!