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Thread: LE Shorts

  1. #1
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
    Posts
    1,363

    Default LE Shorts

    I know it may sound crazy to short in this market, but I'm interested in Forsyth Barr's Short Selling product.
    Has any body used this?
    Is there a good range of shares for the NZX?
    What are the charges?

  2. #2
    Banned
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,199

    Default

    Hi noodles,

    Its a bit late but my 2 cents worth.... I find the NZ market very unsophisticated regards the products they offer and as such anything remotely exotic tends to cost an arm and a leg to do here. In theory you can short NZ stocks but in practice... its a different story. That said I know nothing about Forsyth's product and who knows they may surprise. You could always buy put options on the stocks you wish to short as a strategy. Oh no wait... these things are not available here.

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