The borrowing process for shorting stocks is taking on a whole new look, as automation creates price transparency.
Alpha Bytes Short-Selling
Gregory DePetris failed fifth-grade math and dropped out of college. Nevertheless, at 32 he has two thriving start-ups behind him and is knee-deep in a third. As a co-founder of New Yorkbased Quadriserv, a broker-dealer specializing in securities lending, he is helping to create a technology platform to automate the lending process hedge funds rely on for short-selling.