It has nothing to do with shorting and everything to do with...

  1. byteme
    1,098 Posts.
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    30/03/08
    12:17
    Post #: 3522107
    It has nothing to do with shorting and everything to do with allowing trading without the required capital.

    If I buy $1M NAB tomorrow without the funds to cover on T+3 and NAB halves in value overnight, who is going to pay the shortfall?
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    lightbulb Created with Sketch.  Great analysis
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