Discussion in 'Retail Brokers' started by asdfghj7, Nov 30, 2008.

  1. My 2008 interest accrued is $88. My July/Aug/Sep/Oct broker interest recieved for each month adds up to $88. Does this mean their just keeping my interest as its accrueing? I have sold options, bought some back, and allowed some to be exercise in the money to get assigned. I don't think this is margin interest being charged or short sale interest. Please help
  2. Look at your monthly statements. Each month in the first week daily accrued interest for the month is converted to cash.
  3. Sounds like the $88 is a coincidence. You should be getting the interest earned each month, at which time your accrued iinterest will go to zero.