Replies to post #61542 on Savvy Trades and Investments

[researcher59]

In theory IB shares 50% of the borrow fee with the shareholder, but I've found that's often not the case ..... if IB customers don't have shares to loan out IB works to get shares through a stockloan system available to all brokers.

That's why Ameritrade NEVER has hard to borrow shares .... since they don't charge borrow fees to their customers they loan them out to the stockloan system for a fee instead of giving them for free to customers.