Open topic with navigation
This section for Portfolio Margin customers shows details of direct lend fees for securities directly lent via Stock Borrow/Loan.
Note: This section appears in the Default Statement and Legacy Full Default Statement.
|Value Date||The date used to determine the hard to borrow details.|
|Symbol||The symbol of the security lent.|
|Exchange||The exchange that facilitated the lend.|
|Start Date||The first day the security was lent.|
|Quantity||The number of shares lent out.|
|Collateral Amount||The collateral amount of the lend.|
|Fee Rate (%)||The fee rate expressed, in percent, to borrow/lend the security.|
|Lend Fee||Calculated by multiplying the collateral amount and the fee rate and then dividing by 360.|
|IB Carry Charge||The total amount of the IB carry charge.|
|IB Ticket Charge||A one-time fee that is charged only on the first day of the lend.|
|Total Charges||The sum of the borrow fee, IB carry charge and the IB ticket charge.|
|Code||The code abbreviation.|
Total amounts for the following fields appear at the bottom of each currency section: