Borrows Fees and Short Availability on LightSpeed

Discussion in 'Trading' started by Lambda1001, Dec 12, 2020.

  1. Hello traders,

    just a short question, does anybody know how are the borrow fees (intraday short locate) for HTB stocks in Lightspeed in comparison to brokers like Cobra / TradeZero / CenterPoint ? and what is their availability?

    Thank you!
     
    Robert Morse likes this.
  2. Robert Morse

    Robert Morse Sponsor

    If during trading hours you email me a few symbols, I will email you directly if the locate is available and the cost.
     
  3. Amazing, I will do so.

    Thank you very much.
     
  4. FSU

    FSU

    Robert Morse, 4 minutes from post to answer on a Saturday Morning. Pretty Impressive.
     
  5. qlai

    qlai

    If only he worked for IB :)
     
  6. Robert Morse

    Robert Morse Sponsor

    I tried to get a job in institutional sales five years ago, they told me I was overqualified.
     
  7. Overnight

    Overnight

    Well, obviously you WERE overqualified for a "job in institutional sales" at IB, which is why yer now a VP of it at LS. Heh
     
    MoreLeverage likes this.
  8. Considering the conversation I had with them yesterday about my IRA, you are WAAAY overqualified :D
     
  9. TimMykes

    TimMykes

    tell us more
     
  10. Robert Morse

    Robert Morse Sponsor

    When the broker I worked for back in early 2016 was shutting down, I basically wanted a job. I was 56 years old and figured where ever I ended up, I would start anywhere and work my way up. I applied for a number of jobs at a few clearing brokers and IB was one. I applied for about 6 roles, all in CT about 25 min from my home. When I was not interviewed for even one, I had to question why? I spoke to someone that told me they did not want to interview me for jobs I was overqualified for. In my mind, that meant I was too old and they wanted someone in their twenties with little but not no experience. To this day, I expect it was my age. It is one thing to not get picked but quite another to not even get a phone interview. It all worked out. Very happy at Lightspeed.
     
    #10     Dec 12, 2020
    orion504 and Snuskpelle like this.