@ashhhole Fair, it’s just complicated but standard practice. Derivatives have their place in the market as a gamble or a hedge. Lending for short sales allows for brokers providing commission free stock trading.
@bobpockrass@bobpockrass do you have a source who’s confirmed the 37 charter was still owned by Braun and transferred to Spire? Last I saw confirmed JTG bought it outright in ‘16.