- Sep
- 23
- 2008
- 8:35 AM
Another 40 Issues Added to the Do-Not-Short List
- By: Ray Pellecchia
- File Under: NYSE, NYSE Arca
Tuesday's opening brings another 40 issues to the list of NYSE-listed stocks on the do-not-short list. This Trader Update has the names, even in a handy Excel spreadsheet.
An amusing little historical tidbit today:
Today in NYSE History
23 Sep 1933 -- The New Jersey Stock Exchange was created as the NYSE planned to move operations to Newark in order to avoid a city stock transfer tax. The tax was dropped and the NYSE stayed put in New York City.
Let's be glad for that. No knock against my native New Jersey, but the New Jersey Stock Exchange just doesn't have the same ring to it.
Comments
Is there a list of the companies that have opted out of the do-not-short list?
by Steven on September 23, 2008 10:37 AM
Steven -- If you refresh the list, you'll note that any securities that have opted out are indicated as such. To date, I see one -- JMP Group.
by Ray Pellecchia on September 23, 2008 2:19 PM
Ray: So IBM was added to the list tonight? As this gets more and more absurd, it will be really cool if NYX showed some leadership and removed itself from this list of shame. Hurting shorts is bad for volume, which is obviously the Exchange's lifeblood. Here's to the return of sanity soon. JS
by Jamie Selway on September 23, 2008 9:09 PM
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