I get that mate.
My point is that State Street hold shares via HSBC, BNP or one of the big American banks.
The shorted shares will be eventually returned alright, but when the sp goes down, do they buy more shares than the originally shorted quantity so that they could increase their holdings?
Net effect they get interest on lent shares and increase their holdings at a lower sp? and broker makes a profit too.
Any comment?
I get that mate.My point is that State Street hold shares via...
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