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Stock版 - question on IB short borrowing cost
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话题: ib话题: rate话题: borrowing话题: am
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1 (共1页)
s*******e
发帖数: 432
1
In the SLB, the indicative rate is 3.75% ?
does that mean the annualized rate is 3.75%. And the interest is compounding
daily at 3.75%/365. So the actual annual rate is 3.8%.
Am I correct ?
f******d
发帖数: 6361
2
are you talking about margin interest or hard to borrow fee?

compounding

【在 s*******e 的大作中提到】
: In the SLB, the indicative rate is 3.75% ?
: does that mean the annualized rate is 3.75%. And the interest is compounding
: daily at 3.75%/365. So the actual annual rate is 3.8%.
: Am I correct ?

s*******e
发帖数: 432
3
I am talking about the stock loan rate( which basically is the fee I pay for
borrowing the stock from different sources ?)
f******d
发帖数: 6361
4
then your calculation is right

for

【在 s*******e 的大作中提到】
: I am talking about the stock loan rate( which basically is the fee I pay for
: borrowing the stock from different sources ?)

f******d
发帖数: 6361
5
IB's margin interest should be the most competitive you can find
s*******e
发帖数: 432
6
thanks very much.
1 (共1页)
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话题: ib话题: rate话题: borrowing话题: am