Short Exempt

外汇网2021-06-19 15:59:16 142

A short sale order in which the uptick rule doesn't apply to the trade. The trade can go through on a down tick, or a downward move in price, where a traditional short order trade has to be done on an uptick, or upward move in price.

Taobiz explains Short Exempt

Any order that goes through needs to be marked long, short or short exempt, with short and short exempt being marked with SSH and SSE, respectively. The uptick rule is in place to pvent short sellers from unduly putting downward pssure on a stock with heavy selling volume.

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