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Non-Tech : Bid /Ask Spreads - Market Manipulation
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To: Andy Chen who wrote (161)10/25/1996 6:24:00 PM
From: slipnsip   of 308
 
As for would you know if someone borrowed you stock, the answer is NO. By opening a margin account, you sign a margin agreement. This allows broker dealers to loan your stock out to others. If there are currently no shares for you to borrow within your firm, that means that your stock is indeed shorted by someone else either within your firm or loaned to another firm. The only way you can be sure that your shares are not loaned out is to move the shares to a cash account. Typically a type 1 account.
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