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No.

Naked shorting is when you sell the underlying stock without borrowing it first. You have 2-3 days from transaction to settlement (depending on the market), so you can enter a transaction at T and then only locate borrow at T+2. Obviously, you're running the risk that you can't find borrow in time.

In most cases, however, you short by checking for available borrow first, and _then_ shorting.



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