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by asldjajlfkj 1412 days ago
European stockbrokers may not lend out your shares. I don’t think US brokers do that either. Where are you from?
3 comments

Interactive Brokers (US company but operates globally) have something called "Stock Yield Enhancement Program" which you can opt into, they give you 50% of the interest on any shares of yours they lend out

This is the case in the UK at least, you may need to have "Professional Client" MiFID status which means a lot of EU consumer protections don't apply to you

Stock loan absolutely is a thing in the US. Sometimes you get a cut, sometimes your broker does it in the background without giving you anything.
Just curious, if they do it in the background how do they get around dividend complexity? The company won't pay 2 people a dividend for the same share.
The borrower pays the dividend to the owner, all handled with brokerage mechanisms.
Do you have a link to back that up, that European stock brokers cannot lend out shares?