Interest credit on short stock proceeds

see allso Stock Borrow/Loan

rates

ftp://shortstock@ftp3.interactivebrokers.com/usa.txt

REBATERATE

short stock

http://ibkb.interactivebrokers.com/node/41

Trades executed in the current trading session typically settle in 3 business days and the actual availability and borrow costs are determined on settlement day.

IB recommends that customers utilize the Short Stock (SLB) Availability tool accessible via the Tools icon within Account Management. This tool is ONLY available from the Customer Service Tools page in Account Management.

Note that the indicative rate reflected in this tool is intended to correspond to the amount paid on Tier III balances, that is, short sale proceeds of USD 3 million or greater. For balances which are less, the rate is adjusted based upon the tier and the Benchmark Rate associated with the trading currency.

those proceeds exceed the equivalent of USD 100,000.

אם שלילי זו הריבית שאני משלם

From what I understand the 'indicative rate' is the interest that is charged (negative) or accrued (positive) for borrowing the stock on an annualized basis.

http://ibkb.interactivebrokers.com/article/1838 FAQ

ריבית כללי

http://ibkb.interactivebrokers.com/node/60 Interest Accrual Reversal - Around the first week of each month the interest which has been accrued during the prior month is "backed-out" or reversed and actual interest for the month is posted in the Cash Report section.

Accrual Reversal = Broker Interest Paid

Broker Interest Paid and Received -562.19

Starting Accrual Balance 	-546.00 	 חוב מחודש שעבר
  Interest Accrued 	-454.00 	 חוב החודש
  Accrual Reversal 	562.19 	  שילמתי בפועל בסוף החודש  == Broker Interest Paid and Received
Ending Accrual Balance 	-437.81 	חוב לגילגול לחודש הבא

שאם שללי זה חוב! Interest Accrued