Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TennTuxedo

I know this will sound silly, but wouldn’t it make sense to have basic verifications built into the trading process? You know, little things that prevent you from selling shares you don’t have and buying shares with cash that doesn’t exist?


13 posted on 05/07/2010 10:23:36 PM PDT by bitterohiogunclinger (America held hostage - day 393)
[ Post Reply | Private Reply | To 12 | View Replies ]


To: bitterohiogunclinger
I know this will sound silly, but wouldn’t it make sense to have basic verifications built into the trading process? You know, little things that prevent you from selling shares you don’t have and buying shares with cash that doesn’t exist?

So you'd want to ban short sells and margin accounts?

Fine by me, but something tells me a whole lot of investors will be very, very unhappy with you ... swinging from a lamppost unhappy.
Just sayin' ;->

21 posted on 05/08/2010 12:51:45 AM PDT by dread78645 (Evolution. A doomed theory since 1859.)
[ Post Reply | Private Reply | To 13 | View Replies ]

To: bitterohiogunclinger
but wouldn’t it make sense to have basic verifications built into the trading process?

That would take extra resources to code, test, and monitor. Probably get manually over-ridden most of the time anyway.

33 posted on 05/08/2010 7:59:50 AM PDT by glorgau
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson