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Re: LoveNevaHate post# 218703

Friday, 11/20/2020 2:28:06 PM

Friday, November 20, 2020 2:28:06 PM

Post# of 347901
The broker earns interest on the lending of the proceeds of the short sale to other margin customers. That lender becomes the short seller when the broker is the short seller. When the broker acting as an options market maker does a naked short sale, he need not borrow shares and instead collects all of the interest on the proceeds for himself.