IBKR - Interactive Brokers launches securities lending tool to better inform short traders
2023-07-12 11:42:28 ET
Interactive Brokers ( NASDAQ: IBKR ) has rolled out its securities lending dashboard designed to help clients parse short-selling activity for certain securities and inform trading decisions, the company said Wednesday.
The new tool complements Interactive Brokers' ( IBKR ) Securities Loan Borrow system, which lets clients search for stock available to short on the platform for free.
The Securities Lending Dashboard takes it a step further by allowing advanced and institutional investors, including hedge funds, to view an expanded universe of securities lending data across key metrics.
"Our clients can now access a more comprehensive data set to evaluate their short trade ideas and use our Securities Loan Borrow system to identify shortable securities," said Interactive Brokers CEO Milan Galik.
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Interactive Brokers launches securities lending tool to better inform short traders