Automated global electronic broker Interactive Brokers has launched a Securities Lending Dashboard, which is designed to help sophisticated individual and institutional investors, including hedge funds, assess the short-selling activity for specific securities and inform trading decisions.
The new dashboard allows users to view an expanded universe of securities lending data across key metrics. This complements Interactive Brokers’ existing Securities Loan Borrow (SLB) system, which is a fully electronic and actionable self-service utility that allows clients to search for stocks available to short on the Interactive Brokers platform for free.
Powered by Orbisa, the new securities lending data includes information for securities that trade in North America, Europe and Asia and is provided to all clients of Interactive Brokers through Fundamentals Explorer on the Trader Workstation platform. Clients can now use both the Securities Lending Dashboard, as well as the existing Securities Loan Borrow system, which includes the quantity, number of lenders and current indicative borrow rates for securities based on IBKR client holdings.
