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Non-Tech : Shorting with Offshore Accounts
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To: peter michaelson who wrote (32)2/9/1999 8:31:00 PM
From: Rajiv  Read Replies (1) of 127
 
If the clients are good shorts, the brokerage firm will go out of business as they are assuming the risk by having bought the original stock. (They are betting against the clients)

I do not think the firms act as the "bucket shops" which were around in the early 1900s (as described in the book Reminiscences of a Stock Operator by Edwin Lefevre)

Regards.
Rajiv
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