Quote from IBj:
1. HTB? Please send me a PM what you mean. If a dialogue interferes with the API functionality, I'll try to get it fixed.
2. 3.5 means 3.5% as a rebate rate in the event you actually short the stock. This is an indicative rate only. I wrote the message myself so I need to see if somehow the thing is getting corrupted since it should have been pretty clear. I'll check. Availability is same day only. There is a regulatory standard called "affirmative determination" that requires people who are shorting stock to know ahead of time that they can deliver it. As your broker, we do that determination on your behalf by providing availability lists. For special locates (finding a lender), the duration of the locate is the current trading session. It is possible other brokers handle it differently, but this is how IB does it.
3. My bad. I have not disseminated the availability of the new system inside CS. I think only one or two people even know. I thought of this system as an SLB (stock-lend-borrow) system and didn't anticipate inquiries about it. Completely my error, not the service group's. Sorry. [if you PM me the ticket number or your account numbe, I will also look into the interaction process.]