Meaning SHORT EXEMPT: Used for listed equity securities. A special trading situation where a short sale is allowed on a minustick. The owners of a convertible trading at parity can sell the equivalent amount of common short on a minus tick, assuming they have the firm intention to convert
More terms such as Short exempt in Dictionary S.
- Definition Screen Stocks:
- Examples stocks in search of stocks that meet predetermined criteria. For example, a simple value screen would sort all stocks by their price-to-book ratio and pick the stocks with the lowest ratios as short exempt definition.
- Definition Strip:
- Examples Variant of a straddle. A strip is two puts and one call on a stock. A strap is two calls and one put on a stock. The puts and calls have the same strike price and expiration date. See: Strap short exempt explain.
- Definition Secular:
- Examples Long-term time frame (10-50 years or more short exempt what is.
- Definition Skewed Distribution:
- Examples Probability distribution in which an unequal number of observations lie below (negative skew) or above (positive skew) the mean short exempt meaning.
- Definition Self-Selection:
- Examples Consequence of a contract that induces only one group to participate short exempt abbreviation.
