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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Perspective who wrote (241848)5/21/2003 10:14:55 AM
From: Knighty Tin  Read Replies (1) of 436258
 
RC, I think your broker may be misleading you or his rule is specific to his firm. You have to put up margin, but not cash, to sell short. I have clients who have nearly zero cash, but lots of marginable securities, and they can sell short. Though I can't use individual foreign bonds, I regularly use FCO as collateral. However, the cash generated by the short has to be held in dollars.
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