Create a list of symbols that you wish to price locates on for a potential short. Then watch those prices update dynamically in real-time (ZeroPro only).
The locator scans availability at over a dozen venues, including its own supply to find you the best availability and pricing to get you short.
No longer need your locates? List them back to the TradeZero network through the Locator. If another user purchases them, you can recover some of the fee you initially paid.
By allowing traders to mark shares for credit, TradeZero has an additional source of locates availability, even if there are no shares available at the moment. Now there’s an edge!
Approved margin accounts have access to the TradeZero Locator. Available on all platforms.