Frequently Asked Questions
Short Selling
How should I indicate my short sell orders?
Scenario:
- You do not own any share of Stock A and you intend to short sell 1,000 shares of Stock A. You have to submit a sell order of 1,000 shares by marking the “Short Sell” checkbox or click on the “Short Sell” button.
- You owned 2,000 shares of Stock A and you intend to short sell another 1,000 shares of Stock A. You have to submit a normal sell order of 2,000 shares, and separately submit another sell order of 1,000 shares by marking the “Short Sell” checkbox or click on the “Short Sell” button.
Before placing a short sell trade:
- You may Login to POEMS account > Account Mgmt > SBL > Script Borrowing to check the availability of shares for borrowing and submit a Request to Borrow Shares.
- Alternatively, you may contact your trading representative to check the availability of shares for borrowing
Other faq that might help you
- How do I determine if my order is a normal sell or short sell?
- How can I indicate a “short sell” order in POEMS platforms?
- Is it limited to SG market only?
- What if I short sell a counter and did not cover my position on the day itself?
- Are there any penalties on short-selling?
- What is the possible action you can take to prevent CDP buy-in against your short sold position?
- Where can I view SGX published historical report on market short-selling data?
Did this answer your question?