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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by clubhouse19on Sep 22, 2022 4:56pm
92 Views
Post# 34980203

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BBD.B held up

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BBD.B held upGreenday

"a directional neutral account " ?
That is a new one on me but this is the best definition I found of neutral trading and I presume an account using that strategy would be used.
  I don't think that short trades can be defined as such one is a trading strategy while the other is an order type  and the account orders would still be reported as executed long or short.

Now I presume that this kind of trading is more for hedge funds..
Gives me something more to look at.

https://medium.datadriveninvestor.com/market-neutrality-how-it-works-in-simple-terms-239050927dd6
 

 

Greenday wrote: @ Club19 - This is from the article.

Every short sale on a Canadian marketplace must be marked “short” unless the sale is from a certain type of account (generally described as directionally neutral accounts), in which case it must be marked “SME” (short-marking exempt).

So who is allowed to have a "directionally neutral account" that is short marking exempt?  My broker doesn't offer them.  Your's doesn't either.  The only people that I can think of that would be permitted to hold a directionally neutral account and not be required to "short-mark" (report short sales) are market makers.  Any why wouldn't s mm not be required to report?  Because they're manipulating the price of a stock to keep it in a trading range that they themselves set.





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