“Short selling is a hotly debated topic with parties for and against the practice taking firm standpoints.”
Reasons and benefits
This CPD course examines the concept of short selling and what the reasons and benefits are. It looks at the application in Australia but recognises the destabilising effect it can have – during the GFC some jurisdictions applied temporary short selling bans to ease market pressure.
We look at ASIC guidance on short selling and short positions, how to calculate these and what the reporting requirements are.
Examples are used from recent headlines and well-known cases – from the current upheaval at Quintis sandalwood group to the highly acclaimed The Big Short movie – to emphasise the importance of the issue. Industry knowledge and overall comprehension is reinforced by short and independent research activities and practical scenarios presented throughout the course.
Who is this training for?
This training is a must for every person who works in retail and institutional stockbroking firms, along with newcomers to the industry. People working in other financial services organisations may also benefit and deepen their understanding of the issue.
- Short selling
- Regulatory environment
- Lending agreements and reporting
- Short positioning reporting
- Relief and exemptions
Duration: 2 hours
CPD hours: 2