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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?
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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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