The code SY indicates that the position may be eligible for Stock Yield. Information on the Stock Yield Enhancement program including enrollment procedures may be found in the Interactive Brokers Knowledge Base.
What does the code SY refer to on statements?
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What will be the impact of lending stock on the calculation of my margin and my excess liquidity?
Is the Stock Yield Enhancement program available to IBKR Lite accounts?
Can I participate in the Stock Yield Enhancement Program if I have an IRA account?
Are RSP and TFSA accounts eligible to participate in the Stock Yield Enhancement Program?