Retail vs Prop

Discussion in 'Professional Trading' started by webbma, Dec 5, 2007.

  1. I still don't know exactly what you mean...if you want "most don't pay" vs. a simple "don't pay" - that's fine....I checked Interactive Brokers (prevalent on ET)...and got this:

    Calculate interest on short stock value 70,000

    Tier Balance Cash Interest Calculation
    < 80,000 70,000 0.00 (70,000 x 0/360)
    > 80,000 0.00 0.00
    Short credit interest received 0.00

    http://individuals.interactivebrokers.com/en/accounts/fees/interestMethods.php?ib_entity=llc

    Which shows zero. There may be some brokers who pay short stock interest, but I have not seen any that start with small balances.

    Let me know which broker pays interest from the first dollar, I would like to know. Some may do it on high balance accounts. I would appreciate a link, some of my traders might have an interest in them.

    ???


    Don
     
    #31     Dec 10, 2007