- selling against the box
- See sale against the box.
Ballentine's law dictionary. Anderson, W.S.. 1998.
selling against the box
Look at other dictionaries:
Short Sell Against the Box — The act of short selling securities that you already own. This results in a neutral position where your gains in a stock are equal to the losses. For example, if you own 100 shares of ABC and you tell your broker to sell short 100 shares of ABC,… … Investment dictionary
against the box — See: selling short against the box. Bloomberg Financial Dictionary … Financial and business terms
selling short against the box — selling short stock that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the box may be inaccessible, or the seller may not wish to disclose… … Financial and business terms
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