3.8 Short selling (continued At some stage you must buy the securities back so they can be replaced in the account of the client You must pay dividends other benefits the owner of the securities receives Options, Futures, and Other Derivatives, 4th edition@ 2000 by John C. Hull Tang Yincai, C 2003, Shanghai Normal University3.8 Options, Futures, and Other Derivatives, 4th edition © 2000 by John C. Hull Tang Yincai, © 2003, Shanghai Normal University Short Selling (continued) • At some stage you must buy the securities back so they can be replaced in the account of the client • You must pay dividends & other benefits the owner of the securities receives