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Non-Tech : Bill Wexler's Dog Pound
REFR 1.750+2.9%12:42 PM EST

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To: lindend who wrote (2701)8/3/1999 12:40:00 AM
From: Mark Marcellus  Read Replies (1) of 10293
 
Linden -

Fidelity clears their trades through their own outfit, NFSC. I don't believe they go anywhere else to get their borrows. Availability of the smaller cap stocks is spotty but they can be gotten. Fidelity does not make shares of BB's or stocks under $5 available for shorting, at least not for me.

FWIW, if you can get a borrow you usually get a good price for your short. It's my experience that you almost always get a good execution on a trade (long or short) with Fidelity. It's placing the trade that can be a hassle.

Hope this helps,

Mark
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