Once reserved for the ultra-wealthy, securities-based lending found a following in recent years as a popular source for funding luxury items, real estate and small businesses, among other things.
"The attraction of lending securities is that the loan draws interest at a rate generally higher than typical money market investments, and you do not jeopardize any appreciation in the securities ...
Through this service, Nordnet, the pan-Nordic online broker and digital investment platform, expects to widen its securities lending programme to new client segments and markets. Citi Agency ...
DriveWealth, which offers brokerage-as-a-service, is extending its securities lending offering with an agency lending capability, powered by Sharegain and tailored to the UK and European regulatory ...