Fully Paid Lending Programs offered by major brokerages

来源: 于 2025-08-28 07:48:36 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Examples of Fully Paid Lending Programs

Brokerage Program Name Key Features
Fidelity Fully Paid Securities Lending Program Daily interest, variable rates, collateral held at 102%, opt-in required
Charles Schwab Securities Lending Income Program Shares lent automatically once enrolled, interest paid monthly
ETRADE* Fully Paid Lending Program Transparent dashboard, collateralized loans, monthly income
Interactive Brokers Stock Yield Enhancement Program Shares lent to short sellers, competitive rates, full control over positions
Robinhood Stock Lending Automatic enrollment (opt-out available), simplified interface
TD Ameritrade Merged into Schwab’s program Now under Schwab’s umbrella post-acquisition

 

What Sets Them Apart

  • Fidelity & Schwab: Offer robust transparency and collateral safeguards. Rates vary by stock demand.

  • Interactive Brokers: Ideal for active traders — more granular control and analytics.

  • Robinhood: Simplified for retail investors, but less control over lending specifics.

  • ETRADE*: Balanced approach with clear reporting and flexible opt-in.