Recent content by debux

Rebate Rate = Fee Rate - interest you get This is what you have to pay for shorting Stocks. In case of negativ interests the rebate rate is: Fee Rate + interest you have to pay SLB in TWS always shows the Rebate Rate for Top Tier, so properly you have to adjust the interesr.

...but only if you are at Top Tier level, otherwise you have to pay less. For example EUR Stocks you have to pay 2% less for shorting under 100k.

I can answer it by myself: It is because of the negativ interests in EUR. The rebate rate is always shown for top Tiers level, which is -2,8% for EUR. So the rebate rate is what you have to pay in total for shorting the stock if you are at top tier level.

Hi there, I checked the SLB for some EU stocks and saw this: Fee Rate: 3,24% Rebate Rate: -5,95% How can it be that the Fee Rate is lower then the Rebate Rate? Thanks!