I trade the US stock market.
And have been using Interactive Brokers for some time now.
I’ve been looking at some of the big CFD Brokers to see what they can offer.
All the CFD Brokers state that CFD’s aren’t tied to the actual stock or instrument.
So technically there should be no limit to the amount of shares that you can actually trade.
Provided you have sufficient funds in your account. And can manage your margins.
If it isn’t tied to the actual instrument.
Then how come they can stop short selling due to unborrowable stock.
This makes absolutely no sense.
I recently read this on the IG broker site.
“When shares in a company become unborrowable, the traditional means of short-selling them is impossible. Using CFDs for short-selling can give you a much more flexible method of shorting, because you are not selling the actual shares, but speculating on the price movements.”
I started to put orders on stocks.
And it won’t let me put a trade on.
It states ” Unborrowable Stock – this market may not be sold to open due to stock borrowing restrictions in the underlying market….”
Talk about Contradiction……
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