nilip,
sampsonp - 21 Dec'03 - 10:10 - 34817 of 34817
wlfc1 - i use spreadex for shorting / or longing.
you can get an application form from spreadex.com (they use to have a shop in bow lane in the city, now in fenchurch st where you can apply there if you live near by). you just need 2 pieces of id (credit card/bank statement) they can set you up w/in a day.
with the shares you mentioned i reckon the margin would be circa 20% so you could sell e.g. at £100 per penny (i.e. 10,000 shares) and the deposit you would need is £2k, alternatively if you get credit no margin is required, upto your credit limit.
it is quite an efficient way to do it, i have had lots of fun with lastminute.com in the last