Traders and investors will finally be allowed to “short” stocks, Philippine Stock Exchange (PSE) CEO Ramon Monzon announced during an interview with Bloomberg TV Philippines.
Short Selling stocks in the PSE (Proposed Rules)
What is “Short Selling”?
Short selling is the act of selling a stock that is not owned by the investor, usually with an expectation that its price will drop, ultimately to make a profit if and when the stock price actually declines.