2min chapter

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Ken Griffin on Unfettered Conversations with A and Z

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CHAPTER

Can You Close Out a Short of Stock Without Delivering That Stock?

You can't close out a short without delivering that stock. For 99 point nine 9 % of the situations, you had to buy the actual shares back if you were short and trying to cover youre short. So for all tenths of purpse is one should view, if somebody's short of stock, they're going to have to one day buy those shares back in the market place as a regular way trade. You know, i sometimes, professionals, over the years, i've seen people willing to settle short for cash in loo. But that's almost always the context of things like tender offers for a company. so coes been bought for stock, are sorry for cash.

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