RE: Trading212 stopped purchases8 Mar 2022 16:49
I keep being told there are no MM ! But any open shorts will need to be closed tomorrow or the loanee has to pay the loaner the dividend AND interesting bit :) whilst the contract would say the divi announced would need to be paid AND I’m very confident it will be paid , even if it isn’t paid the shorter would be on the hook!! Now that means they could be in the worst of both worlds, having to pay a divi “ penalty “ to the loanee and not even being able to switch long to get the divi !! And then return the share s
So fully expect a lot of closed out shorts tomorrow the risk is simply too large ! IMHO etc