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Post# of 704041
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Re: BullDawg post# 17150

Monday, 08/19/2002 11:15:05 PM

Monday, August 19, 2002 11:15:05 PM

Post# of 704041
If you open a cash-only account, your shares are not available to short borrowing. As for interest, shorts are liable to pay any dividend that accrues while the short position is outstanding. The last time I checked, a long position in stocks does not accrue money market interest; you will need a long position in money market fund to do that.

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