RE: Interesting!17 Sep 2018 16:42
Wait a cotton pickin minute, I think you're getting this the wrong way round, Spreadex would benefit from a rapid rise in the loaned stock as they will have hedged the open short positions, a recall would benefit most of those on a short position in the event of a rapid rise and would cost Spreadex. This is a simple recall of loaned stock or if you want to be bearish, Spreadex are hearing whispers of Cairn walking and/or suspension