You all know how Rudd suggested last Friday they weren’t going to regulate all short selling? You know how by Monday the geniuses banned all forms of short selling? You know they virtually closed down large important areas of the market as participants weren’t allowed to short the underlying stocks to hedge against option trades? You know that 24 hours later they back peddled at 100 miles hour allowing market makers more leeway?
Well it took a major broker 3 days to come out with a product that is perfectly legal and allows people to short stocks.
Can’t keep good people down for long. Good one guys (Swan, Rudd) another fine mess the market had to get itself out of without your help.