From the Trading Desk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : From the Trading Desk

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steve goldman who started this subject	1/31/2003 11:46:14 PM
From: bluetreekk	of 4969

dearest Steve would be outstandingly nice if You could help me out I just got charged for a daytrade that I made in Dec for a stock dividend . I didnt know that on Ex Dividend days when one is short a stock regardless if just minutes one has to pay the actual cash dividend-never happened to me in the last 10 years ( The Ex-Dividend Date: The date a stock trades without dividends. This is two business days before the record date.) (Dividend Debits: If you are short a stock at the time of a record date, you owe the amount of that dividend and it will be debited from your account.) what would be so lovely is if You could educate me about anything in regards of professional approach of dealing with this scenario when shorting larger blocks for momentum trades-do I just stay out that day?-how are the detailed rules about this and how do You operate this-thanks so much for Your very valuable time and all Your support-wish You a lovely weekend and an outstanding upcoming trading week God bless you Mahalo ;-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next