Where can I find short fees details at IB?

G

GoogTgt

Hello,

I recently shorted GME and covered the short after 3 days. I am trying to find out how much fee I paid for those 3 days for shorting GME. Can someone please tell me where I can find this in reports? I looked at the daily activity reports and I don't see any such detail? Thanks.
 
Thanks. That link shows me a statement section called "Non-Direct Hard to Borrow Details". But I am not seeing that section on my daily activity statements. I even tried customizing the report and that didn't show me that section either. Here is the section I am not seeing on my activity statements.
securitiesfinance-statement-aapl.jpg
 
Where can I find short fees details at IB?

-Check your Activity Statement in the section where it says "Borrow Fee Details". It will give you the % and the amount.

Yes I know it's a lot. That's how IB makes money and how it can stay as a "discount broker".





 
JSOP said:
Where can I find short fees details at IB?

-Check your Activity Statement in the section where it says "Borrow Fee Details". It will give you the % and the amount.

Yes I know it's a lot. That's how IB makes money and how it can stay as a "discount broker".
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Ignorant response. The example of apple above is very small fee. GME is a hard to borrow and market/street rates will thus be higher. There is high risk lending a hard to borrow or volatile stocks and those lending demand more to compensate for that risk.
 
eastern_warrior said:
Ignorant response. The example of apple above is very small fee. GME is a hard to borrow and market/street rates will thus be higher. There is high risk lending a hard to borrow or volatile stocks and those lending demand more to compensate for that risk.
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So how much did you get paid by IB for this comment? LOL
 
I'm not seeing the "Borrow Fee Details" section. I shorted GME on 2/5 and closed it on 2/8. This is all I see. May be there is a bug in IB where it doesn't charge any short fee for GME?
upload_2021-2-10_19-12-8.png


Here are my trades:
upload_2021-2-10_19-13-16.png
 
GoogTgt said:
I'm not seeing the "Borrow Fee Details" section. I shorted GME on 2/5 and closed it on 2/8. This is all I see.
More...
It could be that the account values are not updated "real time" and that you have to wait a few days before it becomes visible in your reports?
 
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