Fee Rate is the interest rate clients pay to short a stock. Lender reinvests cash collateral and may provide a rebate. MEXEM passes rebates to retail accounts. Rebate Rate = Fee Rate - rebate. Negative Rebate Rate means a charge. It informs credit interest on short stock cash proceeds. More info on website.
Read MoreNon-residents face withholding taxes on U.S. stock dividends. A finalized W8 form can reduce, but not eliminate, tax if a treaty exists with the holder's tax country. Dividends on U.S. ADR shares don't qualify for reduced rates. Consult a tax advisor for refund or tax credit advice.
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