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Info re: Lending Trader position

  1. Been getting a few recruiting calls with regard to a Lending Trader position. Did a few searches and can't seem to nail down even an esitmate for what the base salary is for the position. Anyone have any info they could offer?

  2. What is a Lending Trader?
  3. Do you mean a stock loan trader? I know a guy who does this. Will procure HTB issues and then lend them out at a higher rate. Arbitrage basically.