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Non-Tech : Waterhouse Securities
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To: upanddown who wrote (635)7/30/1998 9:17:00 AM
From: margin_man  Read Replies (1) of 2076
 
What are the commissions ?
The same as a long position.

Are they usually successful in finding stock for you ?
Not 100%.
What are the account balance requirements to open the short ?

You have to have margin available and you can short up to your
available buying power.

What are the account balance requirements if the short position goes against you ?

35% equity.

What happens to the proceeds of short sale ?

Will be computed & added to your equity daily.

Are you charged any interest while the short is open ?
Yes.

P.
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