How to opt out of share lending?

[Richard.W]

@EstonianBlue

I don’t think they are as transparent as you think, since if this thread didn’t come out (written by a user) and people didn’t read the terms, they’d just sneak it in an email.

This was explained by @David in posts to the community as long ago as 18 May, so it comes as no surprise to those who have been paying attention. The transparency has been excellent so far as I am concerned. When I saw the email in my inbox today I expected it was going to be about securities lending.

Securities Lending

We’re considering taking the next step to make our unique zero-commission, zero-fee investing service even more sustainable. A fairly common practice amongst brokers is to lend out the securities of their clients to other market participants who’d like to borrow them for short selling. For the clients lending the shares, the benefits may be slim to none, due to the extremely low borrow rates, but for the broker holding the bulk of shares, the pennies add up & can make the difference between los…

As we know, Trading 212 work with Interactive Brokers for execution and IB also organise the securities lending. If you would like to know more about how security lending operates you can read at the following at this link about the Interactive Brokers “stock yield enhancement program”.