FREETRADE Want to LEND My Shares to Short Sellers!
Personal_Finance / ISA's Aug 08, 2022 - 09:13 PM GMTFREETRADE for the past 3 months have been trying to get me to agree for me to lend my shares to short sellers, where I get ALL of the risk and they get ALL of the return, this despite paying them £8 per month for their SIPP AND 0.45% fee on every trade. Now after some months after I joined they are bombarding me with this BS, that not only could see my shares vanish but also that I may not be able to sell them when I want to because they have been loaned out which illustrates customers sign up for one thing and get another some months down the road leaving a bitter taste in ones mouth as I don't want to bloody lend my shares to gambling short selling hedge funds that are dropping like flies.
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By Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
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