How much are overnight short borrow fees and how are they calculated?

Overnight borrow fees apply when you hold a short position overnight.

How it works:

• The fee is charged each day a short position is held overnight
• Fees continue to apply until the cover trade settles
• Charges may include weekdays, weekends, and holidays
  
  Important:
• Borrow rates can change daily based on market conditions
• You can view an estimate in the client portal under: Tools → Overnight Borrow Calculator
• The calculator reflects all applicable days, including weekends and holidays
• It is recommended to check the calculator regularly if you plan to hold short positions overnight