News for hackers. Stuff that matters.
Re:Analysis of 265,000 rows of SEC Short Fails-to-Deliver da... by yanks215 on Wednesday February 03, 2021 @10:22AM (#26014390)
What are your questions? I worked in sec lending at a prime.
Re:Analysis of 265,000 rows of SEC Short Fails-to-Deliver da... by totalZero on Wednesday February 03, 2021 @07:09PM (#26020968)
I have a question for you.

Let's say a trader on the cash trading desk buys shares from a short-seller who fails to deliver. Does sec lending know that those shares have not yet settled?

If it is incorrectly assumed that those shares settled properly on T+2, would the bank potentially loan those shares out prior to delivery?