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Shorting stocks
As a new trader I've created a solid portfolio though a anz trading account.
I'm now considering shorting but notice that there doesn't seem to be a way to do that on the anz platform
Apologies if this is a stupid question but is the only way to short a stock though a broker?
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Originally Posted by Jinx
As a new trader I've created a solid portfolio though a anz trading account.
I'm now considering shorting but notice that there doesn't seem to be a way to do that on the anz platform
Apologies if this is a stupid question but is the only way to short a stock though a broker?
I don't short but I'm fairly sure that you are right. Shorting involves borrowing a stock to sell it - difficult to do on the small NZ market, I would have thought, without the intervention of a third party.
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Member
Originally Posted by macduffy
I don't short but I'm fairly sure that you are right. Shorting involves borrowing a stock to sell it - difficult to do on the small NZ market, I would have thought, without the intervention of a third party.
Thanks, appreciate the answer!
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