On a daily basis, major stock exchanges publish a list of securities that are not
available to short. This list is known as the threshold list. A security is identified
as a threshold security when it goes
above a specified level of delivery failures
for five consecutive settlement days. When the security goes
below the specified
level of delivery failures, it is no longer considered a threshold security and is removed from the list.
Note: These rules are specific to U.S. markets.
An order for a security that is not available for shorting will be rejected by the
trade platform. We encourage investors to review the threshold lists on a regular
basis.
For additional information about short selling, visit the U.S. Securities and Exchange
Commission (SEC) website at:
For your convenience, we have provided links to published threshold lists. Click
on the links to review the threshold list for the exchanges listed below: