Interesting that InteractiveBrokers charges 130.9%
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Posted On: 04/09/2021 10:38:47 AM
Re: discoveryy #86024
Interesting that InteractiveBrokers charges 130.9% APR fee. This past week I received a request from Schwab for me to lend my shares (to shorts) and they were offering 5% APR on the market value of my shares. I wonder if Schwab is charging the borrower/short anywhere near that 130.9% and pocketing the spread.
Needless to say, I did not take Schwab up on their ridiculous offer.
Needless to say, I did not take Schwab up on their ridiculous offer.
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