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Strategies & Market Trends : Shorting stocks: Mechanical aspects
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To: Q. who wrote ()10/5/1998 11:49:00 AM
From: David Penfield  Read Replies (1) of 172
 
Questions about interest on short positions:

I currently use Discover Direct and don't pay any interest on the shares I borrow for short positions. Is this the industry norm or do most brokerages charge interest for borrowing shares?

Also, are there any brokers that pay interest on the short proceeds?

Thanks,

David Penfield
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