Friday, May 18, 2018

Looking for a broker that is easy to check borrow rates for short positions

Hio. I use TradeStation and whenever I want to check the borrow rate of a ticker symbol, I have to call a broker and talk to them on the phone. Most of my portfolio is short, and the rates change frequently so this is pretty annoying.

I'm looking for a broker that is upfront about the borrow rate (which can be huge on some symbols) in their web/trading interface, or, at the very worst, publishes a list that they keep updated. Or, at the very very worst, at least will answer these queries by email so I don't have to talk to a person.

I trade a lot of illiquid junk, so it's also helpful if they are often able to get locate on obscure symbols.



Submitted May 18, 2018 at 03:16PM by johnshedletsky https://ift.tt/2IAzbhb

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