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To: michael i olson who wrote (859)11/25/1997 12:12:00 PM
From: Craig Richards  Read Replies (1) | Respond to of 164684
 
The difference is who's stock you are borrowing. Brokers have the right to call back their stock with very short notice, non-broker's stock gives you a 3 day callback period. In either case, the long side of the transaction has the right to get their stock back, the difference is in how much time you have to react.