tim shorting, page-34

alphac
- the history of posts will show that I have always seen TIM/TIMPB as a relative value trade. Selling TIM short to be long TIMPB and having an almost risk free payout.

- if you go to IGMARKETS web site, and click on Range of Markets and then click on Shares, then click on the PDF "share CFDs list", you will see the range of shares that can be shorted via CFD's. This list is updated daily. Coincidentally, TIM was removed off the list today.

- The methodology for covering short CFDs as per my 100% margin explanation was provided to me by a dealer at the CFD provider.


It is important to note that CFD dealers are market makers and are making prices on cfds without necessarily borrowing the stock. Consequently, they are not caught up in the ASX rules regarding short selling. The dealers' abilities to provide shorts is purely based on risk appetite.

You may wish to check the above out with a call to IGMARKETS, CMC MARKETS or any other CFD provider (that does not actually borrow stock e.g. COMSEC)