does that mean that the securities on this pilot list are not subject to the "uptick" rule? http://www.nasdaqtrader.com/aspx/regshopilotlist.aspx
Does anyone have any info on reg sho test pilot? It is supposed to cease april 1st 2006 I believe. At this time it is my understanding that all stocks will go sho (no uptick rule) or everything will return back to how stocks were before.
I have been hearing that all NYSE stocks will be included in the current list of SHO stocks come april 1st when the test pilot ends. (meaning no uptick rule on any NYSE stock) I can't confirm this for sure but heard it from a couple people who own prop trading firms..