Short Locates

Got Shorts?

Initiate a new short position with the Bitswyft Locator.

Start Trading

What’s Different About The Bitswyft Locator?

Get Real Time Updates

Create a list of symbols that you wish to price locates on for a potential short. And watch those prices update dynamically in real-time

Find The Best Pricing

The locator scans availability at over a dozen venues, including its own supply to find you the best availability and pricing to get you short.

Reapply Your Locates

When you no longer need your locate, you can potentially reapply your locates to another Bitswyft customer by marking the shares for credit and recoup part of the fee paid.

Supply Of Availability

By allowing traders to mark shares for credit, Bitswyft has an additional source of locates, even if there are no shares available at the moment. Now there’s an edge!

How To Access?

Approved advanced accounts have access to the Bitswyft Locator. Available on all platforms.

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Single Use Locates For Short Selling

A new, cost-effective locate type specifically for Regulation SHO threshold securities. Single Use (SU) Locates can only be used once per day and are typically cheaper than Pre-Borrows. Single Use Locates are one-time use and cannot be reused. However, if not used, they can be credited back.

Best For: Short-selling Regulation SHO threshold securities while focusing on cost efficiency. We’ve designed Single Use Locates to help you reduce costs without sacrificing compliance, automatically prioritizing them when available.

How It Works

A Cost-Effective Solution

Single Use (SU) Locates are a new, cost-effective option for Regulation SHO threshold securities, offering a cheaper alternative to Pre-Borrows (PB) while ensuring compliance.

Affordable Shorting Option

Unlike Pre-Borrow Locates, which are reusable throughout the day, Single Use (SU) Locates are single-use and more affordable, making them ideal for one-time short trades on Regulation SHO securities.

Credit Back Ability

Single Use (SU) Locates are one-time use and cannot be reused. However, if not used, they can be credited back.

Simple And SEC-Compliant

Using Single Use (SU) Locates is simple and compliant. Request a locate, and our system will prioritize Single Use Locates. Accept and proceed with your short sale efficiently and cost-effectively.

FAQ's

Frequently Asked Questions

What is Bitswyft?

Bitswyft is a global trading platform that gives you access to U.S. stocks, options, and international markets — all with zero commission, advanced tools, and real-time market data.

How much do I need to start trading?

You can begin with as little amount, making it easier for traders of all experience levels to get started.

Can I trade from any country?

Yes. Bitswyft is built for global access. Traders from most regions can open and verify accounts, subject to local regulations and KYC requirements.

Does Bitswyft charge any hidden fees?

No. Bitswyft follows a transparent, commission-free structure. You only pay minimal exchange or regulatory fees where applicable.

What trading platforms are available?

You can trade through our Web, Desktop, Mobile, and Advanced Pro platforms — all integrated with TradingView charts and real-time analytics.

Is my account secure?

Absolutely. Bitswyft uses encrypted connections, secure payment gateways, and regulatory compliance to keep your funds and data safe.

Does Bitswyft offer demo or paper trading?

Yes. You can use our Paper Trading mode to practice and explore features before trading with real funds.

How can I contact support?

Our global support team is available 24/7 through live chat, email, or phone.