Both Ameritrade, Etrade, and their predecessors are stealing my interest from the cash I get when I short stocks (of which I have a lot in this market). Are there any brokers, discount or otherwise, who pay interest on the cash balance from short positions?
I want to be a "big institution" too. http://www.investorguide.com/igu-article-827-stock-strategies-short-selling.html
[For all you misleaders out there, please don't give me the explanation that I am "borrowing" from my broker and therefore owe them interest; that is simply not true. The only thing I owe them is a transaction fee and a number of shares to be returned at a future date of my choosing. Go read up on your finance text books.]
2007-03-19
12:23:16
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4 answers
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asked by
cosmopolman
2