Borrowing GLBSE shares

[friedcat]

Hi everyone,

I'm borrowing these shares:

30xSS

30xBFLS

75xFPGA.contract

You could choose the pay due from either 4 or 8 weeks after the lending date.

4 weeks - 120% of the dividends paid to lenders.
8 weeks - 125% of the dividends paid to lenders.
Each payment will not be later than 24 hours later than the corresponding asset issuers pay their dividends.

Q: What are you going to use them for?
A: I'm going to do market making for them. Borrowing shares is a way to hedge my risk.

Q: Does it have something to do with your fund "MU"?
A: Yes, 75%-100% of the profits will go to MU. Since I haven't raised any motion for allowance of any forms of borrowing, I myself will take all the risk with my own Bitcoin reserve.

Please reply or PM me for details. Witnesses are also invited.

[1715262602]

1715262602

[1715262602]

1715262602

[mila]

Hi everyone,

I'm borrowing these shares:

30xSS

30xBFLS

75xFPGA.contract

You could choose the pay due from either 4 or 8 weeks after the lending date.

4 weeks - 120% of the dividends paid to lenders.
8 weeks - 125% of the dividends paid to lenders.
Each payment will not be later than 24 hours later than the corresponding asset issuers pay their dividends.

Q: What are you going to use them for?
A: I'm going to do market making for them. Borrowing shares is a way to hedge my risk.

Q: Does it have something to do with your fund "MU"?
A: Yes, 75%-100% of the profits will go to MU. Since I haven't raised any motion for allowance of any forms of borrowing, I myself will take all the risk with my own Bitcoin reserve.

Please reply or PM me for details. Witnesses are also invited.

what has been seen can not be unseen ; )

[friedcat]

BTW, if any of the issuers raises a motion, I will vote neither Yes nor No by default. But of course you could contact me if you want to vote for a side.

[brendio]

BTW, if any of the issuers raises a motion, I will vote neither Yes nor No by default. But of course you could contact me if you want to vote for a side.

If you've sold them short you won't be able to vote.

GLBSE should allow voting on less than the full holding for shares held beneficially for others, who may not all vote the same way.

[friedcat]

BTW, if any of the issuers raises a motion, I will vote neither Yes nor No by default. But of course you could contact me if you want to vote for a side.

If you've sold them short you won't be able to vote.

GLBSE should allow voting on less than the full holding for shares held beneficially for others, who may not all vote the same way.

As explained in the OP, the main reason I borrow them is not for shorting. I'm doing market making, so basically I'm both buying and selling at the same time, I borrow them to hedge my risk of holding too much of them and unable to sell at a reasonable price.

This implies that I will hold some of them most of the time.