Interactive Brokers Launches Securities Lending Dashboard
New Tool Helps Better Inform Short Traders
IBKR's Securities Lending Dashboard (Graphic: Business Wire)
Powered by Orbisa, the new securities lending data includes information for securities that trade in
“Interactive Brokers continues to be at the forefront of transparency in the securities lending market,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “The new Securities Lending Dashboard is a straightforward tool for advanced traders and hedge fund clients seeking to analyze potential short-selling investment opportunities. Our clients can now access a more comprehensive data set to evaluate their short trade ideas and use our Securities Loan Borrow system to identify shortable securities.”
The new Securities Lending Dashboard lets clients view a snapshot of securities lending market data and then explore additional market intelligence, including:
- Utilization: A measure of supply and demand in the securities lending market, which measures the on-loan quantity (shares actively borrowed) relative to the inventory quantity (shares available to be borrowed)
- Borrower Depth: A score indicating how many borrowers are actively borrowing shares
- Lender Depth: A score indicating how many lenders are actively lending shares
- Average Duration: The weighted average duration of all open loans, expressed in calendar days
Clients can also select two stocks and compare short-selling data across different date ranges.
Additionally, there is a Premium subscription offering that includes the following data:
- Short Interest Indicator: A measure of shares borrowed versus shares publicly available to trade
- On-Loan Quantity: The number of shares actively being borrowed
- On-Loan Value: The value of the shares actively being borrowed
- Days To Cover: An estimate of how long it would take to cover a short position given recent trading volumes by comparing the on-loan balance to recent trading volumes; the higher this figure, the greater the risk of a potential short squeeze
For additional information about Interactive Brokers’ Securities Lending Dashboard, please visit:
US and countries served by IB LLC: https://www.interactivebrokers.com/en/trading/securities-lending-dashboard.php
About Interactive Brokers Group, Inc.:
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock on over 150 markets in numerous countries and currencies from a single unified platform to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. For the sixth consecutive year, Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its June 9, 2023, Best Online Brokers Review.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230712206765/en/
Interactive Brokers Group, Inc. Media: Katherine Ewert, media@ibkr.com
Source: Interactive Brokers