Shorting stocks: Mechanical aspects Message Board

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Strategies & Market Trends : Shorting stocks: Mechanical aspects

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To: David Penfield who wrote (154)	10/5/1998 5:50:00 PM
From: Q.	Read Replies (3) of 172

David, no broker should ever charge you interest due to you taking a short position. Your taking a short position results in a positive cash balance in the short account, and somebody will earn interest on that balance. Either you or your broker. If life were fair, your broker would pay you interest on your short balance, as they do for really large clients. If you are a really large client, and they aren't paying you, then you should demand interest or look for a new broker. I'm not aware of any broker that pays small clients interest. Aufhauser used to do this, but they were merged into Ameritrade which does not pay interest.

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