How do I reconcile the borrow rates on my statement?

The interest income which a client receives in exchange for shares lent through the Stock Yield Enhancement Program depends on the market-based rate. The market-based rate is determined by taking into account the rates on shares IBKR has loaned to or borrowed from others, and third-party market data…

The Fee Rate represents the indicative rate (generally expressed as an interest rate) that the lender assesses to the borrower of the shares. This is the indicative borrow fee rate that clients will pay IBKR to short a stock. It is a debit from the account…

The statutory margin requirement of your positions is displayed in the Interest Details section of the activity statement. To view the Interest Details section of your activity statement, please login to the Client Portal, and go to the Performance & Reports – Statements section.  You will be able to create a Custom Statement including the optional “Interest Details” section…

The income which a client receives in exchange for shares lent through the Stock Yield Enhancement Program depends on loan rates established in the over-the-counter securities lending market. These rates can vary significantly, not only by the particular security loaned but also by the loan date. To determine the customer’s portion of these fees, the Market Interest Rate % is applied to the loan collateral. This daily Gross Lending Interest is split equally between IBKR and the client, as …