January 25, 2024 BY Simon Mugo
Swissquote Introduces a New Stock Lending Program
At the outset, the Swiss-based brokerage firm will limit the lending to certain stocks and exchange-traded funds, with plans to expand to additional asset classes. The annual payout rate for some stocks may surpass 5%, depending on market demand. The net return rate for clients on loaned securities could reach up to 1% annually, with…
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