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Interest & Financing

Interest Paid to You on Positive (Credit) Cash Balances


Interest Paid to You on Short Sale Proceeds Cash Balances

 

Click here to view our Examples of Interest Calculations Page

Notes:

Examples are shown for informational purposes only.  Rates are subject to change without notice.  

Minimum interest rates on credit cash balances is 0%.  Interest charges will never be applied to credit cash balances.

Costs for position borrowing of stocks with special considerations (for example, hard to borrow instruments) are usually higher than for normal availability stocks.  These additional costs will be passed on in the form of lower short stock credit interest.  Please note that this may lead t a net debit short stock credit interest in the event that the costs to borrow exceed the interest earned.  In order to view the indicative short stock interest rates for a specific stock, Place Trade recommends that customers utilize the Short Stock (SLB) Availability tool located under Account Management/Tools.

*3: The same rate applies to all balance amounts for ILS; there are no tiers.
*2: The same rate applies to all balance amounts for INR; there are no tiers.

 

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