Discussion in 'Order Execution' started by burnin, Nov 18, 2003.
sayronara, asta la vista,,,,, it was fun while it lasted.
What happened? Remember, there is life without trading.
are conversions gone as well?
conversions are included in the rule
I am sure some daytrading companies will still figure out a way to still do it.. Its just too vital for money makers in the business.
hmm, and i was about to open a new account just to get bullets.
It always seemed like a big loophole anyways.
This could F' up the stock market...They are going to be missing out on a bunch of liquidity....When is the new short sale rule going to take effect? Anyone know?
Another trader in my office said possibly in late January.
But the new short sale rule only applies to 100 stocks as far as I have heard
gr8trader just sent this out this morning
"Effective immediately married put transactions & conversions are suspended pursant to SEC Release on 11/17/03. SEC Memo: http://www.sec.gov/rules/interp/34-48795.htm"
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