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This section for Portfolio Margin customers shows details of borrow fees for securities pre-borrowed via the Pre-Borrow Program.
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 borrowed.|
|Start Date||The first day the security was borrowed.|
|Quantity||The number of shares borrowed.|
|Collateral Amount||The collateral amount of the borrow.|
|Fee Rate (%)||The fee rate expressed, in percent, to borrow/lend the security.|
|Borrow Fee||(Value x Fee Rate)/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 borrow.|
|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: