Hi All,
As per my knowledge, the stocks shorted should be covered on same day. However, I am hearing about STBT which according to me is sell today and buy tomorrow. Both are contradacting statements and I quite confused about this. Please tell me whether can I short sell and cover it next day. If not possible, then what is STBT.
Thanks in advance
Satish
As per my knowledge, the stocks shorted should be covered on same day. However, I am hearing about STBT which according to me is sell today and buy tomorrow. Both are contradacting statements and I quite confused about this. Please tell me whether can I short sell and cover it next day. If not possible, then what is STBT.
Thanks in advance
Satish