Omb they need to ban it forever . Even the into's who are generally the ones who rent out shares and recieve an interest payment for the pleasure have come to realise how destructive it has been to their own portfolio . How smart are stupid insto's ? not very in my book .
If I and all my neighbours allowed someone to sell our houses what would happen to the prices in the area ? well ummmm derrrrrrrrr .
Those who own a title to a car , a house or a share in a company are plain stupid to rent out possesion and allow others to destroy the value of the thing .
Futures on index's are a different beast although as some have mentioned a futures contract does exist on the VIX which is also moronic as the VIX is a calculation of the amount of puts and calls in an American index .
Exchanges world wide which are also often publically traded companies require volume to survive as that is how they make money . But our Govt. entities need to be told how to act as they simply don't understand what they are allowing to happen .
