Easy to Borrow (ETB) and Hard to Borrow (HTB)

Discussion in 'Trading' started by jimcrist, May 29, 2009.

  1. jimcrist


    Southwest Securities (SWS) does my clearing and they've picked up a nasty habit of charging borrowing fees on ETB stocks held overnight. They're charging me up to 4% on stocks and I don't even find out about it 'til the end of the month. I won't even borrow a stock if it's over 8%. I didn't short a single HTB stock in May, and I'm still stuck with $150 in borrowing costs for shorts held overnight. That stinks. Anyone else run into this?