Fat Fingers & Naked Shorts

 

From Investopedia

“The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.”

Continue reading “Fat Fingers & Naked Shorts” »