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Glossary > S > "Short exempt" Definition

Short exempt

Used for listed equity securities. Trading status whereby the owner of a convertible trading at parity can sell the equivalent amount of common short on a minus tick, assuming he has the firm intention to convert.

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Short exempt - Used for listed equity securities. Trading status whereby the owner of a convertible trading at parity can sell the equivalent amount of common short on a minus tick, assuming he has the firm intention to convert.

Short exempt : used for listed equity securities. trading status whereby the owner of a convertible trading at parity can sell the equivalent amount of common short on a minus tick, assuming he has the firm intention to convert.