EXPM:HRTFF - Post by User
Post by
DOHxclamationon Apr 25, 2019 9:51am
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Post# 29668825
shorts, lending stock
shorts, lending stockCould a stockholder, lend shares then use the collateral to buy cheaper shares on the market? Seems like a win-win for the shorter and the lender, symbiotic....
Interesting reading at https://www.interactivebrokers.com/en/index.php?f=14527
Stock Yield Enhancement Program
Earn extra income on the fully-paid shares of stock held in your account by joining IBKR's Stock Yield Enhancement Program. This plan allows IBKR to borrow shares from you in exchange for cash collateral, and then lend the shares to traders who want to sell them short and are willing to pay interest to borrow them. Each day that your stock is on loan, you will be paid interest on the cash collateral posted to your account for the loan based on market rates.