SDS never available to borrow on Anvil

Discussion in 'Prop Firms' started by aeliodon, Sep 19, 2007.

  1. Does anyone else trade this etf? I prefer it to SPY. It trades like 5-10 million a day and I can't even get a locate. If I do its like .005 charge. I usually try to locate aroung 9:15-9:30 - does the time you place a locate affect the chances of getting a locate?
  2. I would think early bird gets the worm, try getting it an hour earlier and see if you get better results.
  3. Just checked, we don't seem to have any trouble borrowing the SDS fund?? Kind of a wide spread, however.

  4. trom


    I can get them for a penny...
  5. 13 million shares traded today - there's absolutely no excuse for unavailability.
  6. What are you talking about? I just got 5000 no problem (penny per share).
  7. Are you saying that you're paying an additional pernny per share to "locate" or just to actually short the stock? I heard rumors, but never had them confirmed that I recall.

  8. gimp570


    you are paying to locate stock??

    what company does this?

    I did not think anyone charged to locate stocks