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olddog967

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Re: la-tsla-fan post# 410079

Saturday, 07/16/2016 9:52:58 PM

Saturday, July 16, 2016 9:52:58 PM

Post# of 432572
Ia-idcc-fan: Interesting and something I was not aware of. Apparently Schwab has had that type of program for some time. Below 2005 post from another board gives some details.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=5497250


It look like other brokerage houses have similar programs. Below site gives details of Interactive Brokers. program

http://ibkb.interactivebrokers.com/node/1838

From what I have read, the interest rate received can vary significantly depending on the demand and availability of a particular stock.
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