GREY:CRIUF - Post by User
Comment by
predawnon Jul 19, 2018 12:50pm
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Post# 28339351
RE:RE:RE:RE:RE:selling?
RE:RE:RE:RE:RE:selling?If this is true I seriously find it hard to beleive that there would be enough shares on margin as to allow shorting to begin with ??;;;
StocknerdEQcool wrote: TG1960 wrote: Educate yourself...shares in your RRSP,TFSA,Cash accounts are held in segragation and cannot be used in the conduct of our business(disclaimer at the bottom of your account statement) and I've went through the BS with CIBC to confirm this is the fact...and further more putting your shares up for sale at a higher price actually makes it look like theres more sellers...shares in margin account pools are the only ones available for borrowers.
Indeed you're right TG1960, brokers could only loan out their shares in margin accounts where in theory belong to the the brokerage firms.