Registered: Apr 2011
05-23-12 08:06 PM
Quote from ThinkLogical:
I am currently trading stocks with Interactive Brokers that are not very liquid and i hold short-positions overnight. It seems to me that I pay too high borrow fees every day, including weekends and of course the rate is not fixed, which makes it impossible to calculate my fees and planning.
Has anyone encountered the same problem and is there any good broker which offers lower borrow fees?
This is a common procedure for short rates. They move up and down based on supply/demand every day. No one will offer you fixed rates.