個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Introduction to Short Selling
內容大綱
We provide a primer on the market for securities' lending of equities in the United States. We describe the basic market structure, along with descriptions of the relevant market participants. We build intuition for the basic economic forces in this decentralized market through a series of examples that sequentially build on each other layering on the particular fees and collateral requirements commonly levied in short-selling transactions. We also provide a survey of the academic literature to date on the relationship between short selling and securities' prices.