>hopeful Hope you didn't get caught up in that Nova mess that I read about. There is no problem shorting Japanese stocks. Not all stocks are available for shorting, but most are. The only problem is if you want to do a number of trades each day, as your margin is not replenished immediately as it is if you're doing cash trades. If that's a problem, have you considered Nikkei Futures? I haven't traded stocks for a long while so I'm not aware of which brokers offer the lowest commissions. But checking kakaku.com I see that Century charges 472 yen up to 5 mil. That's only .009%. Just found a site that compares more brokers than kakaku.com. http://www.onlinetrader.jp/compare1.php
anyone still trading the NYSE out of japan? i wanna find a firm that offers 1:10 leverage and direct market access and reasonably low commission. thanks
This firm charges $1.50 per 100. Not bad and no day trading restrictions AFAIK. http://objectivetrading.com/investment/contact.php
Japanese shorting rules are the same as US before the SHO. You can only short on upticks or at the ask and you need a locate to short... gaijin sensei?
Gaijin usually means Caucasian foreigner, sometime just foreigner, sometimes it just means non-Japanese. It's funny when I hear Japanese talking about all the gaijins everywhere when they are in a foreign country! Japanese can never be foreigners. Sensei means teacher/professor/doctor/instructor - kind of a generic term.