What is the Short List?

The Short List is a tool on the trading platform that shows the availability and cost to locate shares for securities that require a locate.

How it works:

  • Displays whether shares are available to short
  • Shows the price per share to locate

Important:

  • Used for securities that are not easy to borrow
  • You must accept the locate price before entering a short position
  • Locates can be used and later sold back, as long as they are not currently in use

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