SHORT SELLING & LOCATES

Pre-trade access gives investors price transparency.¹

Ability to determine expected pre-borrow need per regulatory requirements.

Allows investor to request locates based on price or time to optimize strategy.

Clients may leverage our list of multiple inventory providers.²

Full transparency on trades and billing via our direct partnership with our clearing firm.

transparency

Client Advocacy

Dedicated Securities Lending professional with 20+ years of experienced relationships.

Advocates on behalf of the investor to obtain pricing on locates and overnight rates.³

Dedicated Securities Lending desk to assist with trade settlement.

Anticipates customer needs and adds real time liquidity as it becomes available.4

Locate executions will automatically update front-end platforms, allowing orders to be entered with minimal latency.

Access to multiple OMS platforms that support the ability to effortlessly access locates on easy and hard to borrow securities quickly and efficiently.

Automated locate response is typically within seconds with ability to preview, accept or reject prior to trading.5

Proxy to our locates API available for automated strategies.

Low Latency

Industry Initiatives

Consistently upgrading our platform to meet new regulatory requirements to eliminate trading disruptions.

  • T+1 impact.
  • Reg SHO updates.
  • Modern technology and infrastructure.

1 Price transparency is based on source data outside of Tradingalpha therefore price and rates are not guaranteed and may change at any time.
2 Tradingalpha inventory is based on a growing number of providers with access to securities for locates and borrows.
3 Some securities may be deemed Hard to Borrow and may carry an additional cost to carry.
4 Tradingalpha does not trade against our investors or “create” inventory in any way.
5 Response time may be longer to obtain locates for very hard-to-borrow securities.

Tradingalpha.com is a website owned and operated by Think Alpha Securities LLC (doing business as “Tradingalpha”). Brokerage services are provided through Think Alpha Securities LLC, Member FINRA and SIPC. 116 Commons Way, Princeton, NJ 08540. Not insured by the Federal Deposit Insurance Corporation (FDIC). This material is sales and trading commentary and does not constitute investment research. This material is provided to you by Think Alpha Securities LLC (“TAS”) solely for informational purposes, is intended for your use only and does not constitute an offer or commitment, a solicitation of an offer or comment (except as noted for CFTC purposes), or any advice or recommendation, to enter into or conclude any transaction (whether on the indicative terms shown or otherwise), or to provide investment services in any state or country where such an offer or solicitation or provision would be illegal. TAS is not acting in any fiduciary capacity and it will not treat recipients as its customers by virtue of their receiving this material. The provision of the services referred to in this material is subject to relevant local regulation and practice, and not all the services described may be available in your particular jurisdiction. Brokerage services are provided through Think Alpha Securities LLC, Member FINRA and SIPC.  116 Commons Way, Princeton, NJ 08540. Not insured by the Federal Deposit Insurance Corporation (FDIC).
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