What the? Why aren't SPY and QQQQ shortable?

Discussion in 'Trading' started by stevegee58, Sep 24, 2008.

  1. Why aren't SPY and QQQQ shortable on IB?

    It's really strange I think.
  2. 50_Bip


    You should short IBKR in protest.
  3. HotTip


    Because they both have significant holdings in financials, which are currently banned from shorting.
  4. Shortable. Locate.
  5. IWM and DIA are both shortable, so I don't see the connection.

    Anyway, isn't QQQQ the so-called "tech-heavy" ETF?