Short selling is available for liquid instruments that either have a predefined limit or comply with the daily “locate” requirement for sufficient liquidity.
You can see whether an instrument is available for short selling:
- On the EXANTE desktop platform: Click ‘Instruments’ on the top-toolbar > right-click on the chosen instrument > select ‘Instrument Info’
- In the Client’s Area: Click ‘Terms’ on top-toolbar > choose ‘Short Allowance Status’
Trade limit and leverage rates depend on the instrument, clients' trading strategy and current market conditions. The default rate is 12% for easy-to-borrow stocks for all clients, albeit this can change depending on the market situation.
Important: Need to open a short position for a hard-to-borrow stock? Please contact firstname.lastname@example.org to inquire about the potential rate and availability.