re shorting-This one of the posts I received from
Post# of 8059
Posted On: 06/19/2012 2:43:29 AM
re shorting-This one of the posts I received from people to educate me re this:
"on the OTC .. i'm *highly suspect* of the no.s reported
twice monthly .. imo those are garbage .. the daily reg
sho reported by finra at 5:30 pm does indeed cover short vol
and yep some are indeed covered over X no. of days .. what
is *missed* imo by many is what is bypassed (not shown) and
also what is *reset* or never covered .. just swapped back
and forth between entities ~ what is bypassed is done via
ex clearing and other means .. patrick byrne wrote a great
piece on it for the NY TIMES back in april 2009
"on the OTC .. i'm *highly suspect* of the no.s reported
twice monthly .. imo those are garbage .. the daily reg
sho reported by finra at 5:30 pm does indeed cover short vol
and yep some are indeed covered over X no. of days .. what
is *missed* imo by many is what is bypassed (not shown) and
also what is *reset* or never covered .. just swapped back
and forth between entities ~ what is bypassed is done via
ex clearing and other means .. patrick byrne wrote a great
piece on it for the NY TIMES back in april 2009
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