Commsec Online Test for Short Selling

[xygtho]

Anyone did and pass this test?

 

[SilverRanger]

I would probably use a CFD broker instead for shorting

 

[xygtho]

why is that?



not exactly the answer i was hoping for, but, hey.

 

[SilverRanger]

Mainly for the cheaper commission, lower % of required collateral/margin and the wider range of shortable stocks, also there is no need for a test

 

[xygtho]

name me some brokers.

am I trading asx stocks?

coz if i can go long, i would like to go short too.

 

[cutz]

Anyone did and pass this test?

G'Day,

I didn't realize commsec have got short selling back on but how difficult could the quiz possibly be ?

Have a go and post up the questions you're struggling with.

BTW what's with you're signature, doesn't make sense.

 

[SilverRanger]

name me some brokers.

am I trading asx stocks?

coz if i can go long, i would like to go short too.

IG, CMC, MFGlobal, GFT.... You can pretty much go long on majority of ASX200s, while the shortable list is different for each broker so DYOR

 

[bryn01]

I wouldn't bother taking the test. Although, the website still has short-selling options listed, you cannot place any orders. I spoke to a rep a few days ago and he confirmed they are still not doing short-selling in direct shares.