Long Sale definition
Long Sale means sale of Financial Products owned by the seller (but which the seller has not borrowed under a securities lending arrangement).
Examples of Long Sale in a sentence
However, Galaxy International Securities will not facilitate covered Short Selling of China Connect Securities and/or any Uptick Long Sale.
However, J.P. Morgan will not facilitate covered Short Selling of China Connect Securities and/or any Uptick Long Sale.
You have confirmed that you will not instruct J.P. Morgan to undertake Short Selling or any Uptick Long Sale on your behalf.
To the extent that you do instruct J.P. Morgan to undertake Short Selling or any Uptick Long Sale on your behalf you shall be responsible to J.P. Morgan and any Related Person for any risk, liability, loss, expense or cost resulting from such instruction.