Short trades disclosure shoul dbe improvedI had posted a list of markers in one of my previous post. These markers can be verified by anyone with a platform that shows the markers. Investors can find out lot of things about the executed trade.
I do not understand why there is no markers for a short trade. Some HFT run programs with naked shorting. Others mostly hedge funds borrow shares & sell them. No one can identify a short sale. Then there is a huge delay in reporting short trades. There are two issues. The short report is issued for a two week period after further delay of about three days. Still there is no information which broker shorted the stock. There is no way of finding out who shorted the stock even after the report is released.
You can find out who the shareholders are specially the large share holders . Why are the short sellers information kept hidden. There is lot more protection to short sellers than to the shareholders of the company whose shares are borrowed without their knowledge & permission & sold in the market to destroy the stock. China has banned short selling to prevent further collapse. Today they cut interest rate & the markets are bouncing back on that.
Short selling should be reformed.
Shareholder approval should be taken to lend shares for short selling.
Naked shorts require more mentoring & the naked short seller fined.
There should be marker for short sale & should be available to everyone to see.
If insider trade is reported on daily basis so should be a short trade.
Tremendous amount of wealth in Canada has been destroyed by short sellers.
Long investors should demand changes & more disclosure about short trades.