澳洲证券管理委员会禁止short-selling(卖空)

bulaohu

原帖由 Devil_Star 于 2008-9-22 00:13 发表


经纪自己是没有股票借出的， 一般他们只是个中介， 你要SHORT SELL， 他们帮你向基金借（比如向一些SUPER/PENSION FUND）。
NAKED SHORT SELLING是指先SHORT SELL, 再去找人借。这个意思就是不管有没人借给你， ...

进赌场也得有本钱的吧？我是头一次听说有这种空手道十段的功夫...

alfredbird

covered short理论上怎么禁止得了呢？

我私下里问你借1000股MQG，卖了，等跌10块买回来，还你。我和你私人之间的协议，ASIC也管？

不会游泳的鱼

Kevin Rudd政府全面向老大哥GCD学习啊！

jasonliu234

是美国先禁的

澳洲哪有如此创意，跟屁虫而已。

黑山老妖

原帖由 alfredbird 于 24/9/2008 01:07 发表
covered short理论上怎么禁止得了呢？

我私下里问你借1000股MQG，卖了，等跌10块买回来，还你。我和你私人之间的协议，ASIC也管？

股票不是你的名下当然能查到的。要transfer了才是你的。

黑山老妖

ASIC还是有创意的。直接禁止任何股票的任何形式的short selling。美国也就是禁止了金融股而已。

philongyao

put option become more expensive as most of put option provider use shortsell to hedge their risk.  Atm, UBS, CITI, DB, MQG are not willing to write any new OTC put. only JPM is able to write put over ASX 50 stocks.

no good.

[ 本帖最后由 philongyao 于 2008-9-25 13:06 编辑 ]

Devil_Star

原帖由 philongyao 于 2008-9-25 13:04 发表
put option become more expensive as most of put option provider use shortsell to hedge their risk.  Atm, UBS, CITI, DB, MQG are not willing to write any new OTC put. only JPM is able to write put over ...

你是指PUT OPTION吧？

philongyao

原帖由 Devil_Star 于 2008-9-25 19:07 发表


你是指PUT OPTION吧？

most investment bank use short sell to hedge short put.  as ASX ban shortsell, put option provider has not easy way to hedge their risk.  

eg. if UBS to write BHP put option (short put position) they expose to the downside risk of BHP, normally they will short sell BHP stocks to hedge the risk. in case BHP goes down, gain from shortsell will usually offset loss from put.