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Fees & Interest

What is the difference between the Fee Rate and the Rebate Rate?

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.

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