Lending shares24 Feb 2018 09:53
I read something disturbing during the financial crisis, is that they can loan out Nominee account shares. Very much like fractionally reserve banking. Many, myself included, hold in nominee accounts so sometimes supply can come from their. A horrible thought that somone can use my share to short TRIN. Someone with more knowledge than me may refute this but in the article I read it explained that this action (and others such as naked shorting) went some way to explaining why some stocks had more shares shorting them than were suppose to be in existence!
Not saying any of this is that relevant to TRIN but shows how murky the world is out there....