21. In short-selling, a trader borrows shares, sells them and then buys them back for return to their original owner. 22. Many traders borrow to finance bond market investments at overnight rates. 23. Morton was referring to a common trading tactic in which a trader will borrow shares and sell them on the expectation that the share price will fall. 24. Precious metals traders often borrow metal for several weeks or months to cover sales commitments. 25. Those traders initially borrowed bonds and sold them, hoping to profit by replacing them with bonds bought at higher yields. 26. In currency trading, Dr Mahathir explained that a trader can borrow millions of unit of any currency without actually taking or handling the money. 27. Short selling occurs when a trader borrows a security to be sold from a brokerage firm or from another individual. |