Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Michail Itkis who wrote (2514)	2/9/1998 10:53:00 AM
From: Alastair McIntosh	Read Replies (1) of 18691

Help re: Boxing a short I tried to box a short in ADI on Friday. However, my covering long position was applied against my short to eliminate my position. I was informed by my broker that it is not permissible to cary a boxed position. My broker is Action Direct (Royal Bank) in Canada. Has anyone else had this problem? Is this just a Canadian rule or is it specific to Action Direct only?

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