The usual agreements are closer in spirit to a periodic tenancy where either side can terminate the loan. The borrower can just send the stock back and demand their collateral; the lender can provide a recall notice and the borrower must return the stock in T+2 (and of course get their collateral back). There's lots of different people borrowing stocks: intraday demand for market making in the stock and/or ETF; hedging demand for index-arb and derivatives books; speculators betting on price declines. Their time horizons depend on their situations.
The usual agreements are closer in spirit to a periodic tenancy...
-
- There are more pages in this discussion • 1,748 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.59 |
Change
0.220(9.28%) |
Mkt cap ! $1.787B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.62 | $2.44 | $11.81M | 4.632M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 8020 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 48292 | 7 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |