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Against the box |
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Against the boxSee: Selling short against the box.Against the box Similar MatchesDocuments against paymentDocuments against paymentShipping documents that are released to the buyer once the buyer has paid for the draft. Selling short against the boxSelling short against the boxSelling short stock that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the box may be inaccessible, or the seller may not wish to disclose ownership. Short against the boxShort against the boxA short sale of a stock is where the seller actually owns the stock, but does not want to close out the position. |
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