@hsteidel71 On a daily basis. 
I have no plans to buy any more stocks in the invest account right now.
Iām arguing against the principle of T212 being involved in this, not the degree to which it affects the wider market. People should be given the option to pay a monthly premium to opt out on principle if they want to continue buying.
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Yeah, thatās fair enough for me. I think if 212 introduced a Ā£20-30 fee a month instead of lending people might go for it.
I think however if people were more aware of their (and 212s) place in the finance world they wouldnāt care at all. Trading 212 represents a fraction of the market and whether it lends or not wonāt make any difference whatsoever to any of your stocks - weāre not arguing about lending in general here, but 212 specifically. Literally an unnoticeable difference.
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share lending is standard market practise. good luck finding a broker who doesnāt lend your shares out.
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Even Vanguard and iShares do it now.
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@hsteidel71 You donāt have an obligation to sell your position(s), nor there is a time limitation of how long you can keep your account in close-only mode.
thanks for the info. how about the lending of shares when the account is in close-only mode?
What is the protocol, if for example the liquidity can not be provided anymore after your daily check, and you can not fullfil people selling their shares at the current stock value.
The collateral will be 102% in US Treasuries Bonds, as investors have non-USD accounts and non-USD financial assets, the collateral chosen will pose a Foreign Exchange Risk, the extra 2% could not be enough to buffer any FX movements due the USD denominated collateral.
Shouldnāt the collateral be in the currency chose by the T212 customer? Like Gilts for GBP (UK residents) and Bunds for EUR (EU residents)?
As only Invest Accounts are subjected to shares lending to help T212 continue to offer low cost trading services, shouldnāt also ISA Accounts contribute to help T212 and its customers to face the trading services costs, so the burden is equally supported by all customers?
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The check is on the collateral level.
If the security is illiquid, how can you sell it. This has been going on for the past year, the terms and conditions are now clearer. I donāt get why itās suddenly an issue for something that is generally common practice in the industry.
ISA accounts are paying an FX fee too, from a customer-facing side the fees are the same.
I donāt think itās an issue, I think itās pretty obvious why there is such a healthy interest in your platform and terms around shorting given the current AMC and GME narratives.
People want confidence that they are going to get paid in the event these stocks short squeeze, given the whole naked shorting indications as well.
Are shares in an ISA getting lent out?
I havenāt had any messages that others are having .
Yes, But Invest Accounts besides the FX fees, are making more profit to T212 due to share lending (with increased counterpart risk and potential FX risk to their holders due to USD collateral), a program the ISA accounts donāt have. So the Invest Accounts contributes more to T212 profitability and to make the T212 trading services costs more cheaper than the ISA accounts.
So T212 should monetize the ISA accounts, to be fair to all customers, or give the Invest account holders some perks to mitigate. If not the ISA account holders are free-riding the low cost trading services at the expenses of Invest account holders.
What Iām getting at is it isnāt a āseen costā - i.e. no customer is bearing the brunt of it - nothing is coming out of their wallet. Iām not averse to an ISA fee - providing 212 build stuff and improve services with it, Iām just thinking it might be a tough sell.
I also have an invest account with a decent amount in it - it would be interesting to see invest only revenues vs Invest and ISA breakdowns.
If your shares are lent and you donāt receive any return, that is a cost. So the share owners are paying a hidden fee. And will have more risks.
The brokers that have ISA accounts must monetize somehow, especially if the share lending isnāt allow. In brokers that have more volume in ISA accounts, where they should they go first to monetize? 
Iām not sure I would consider it as a fee as you are not directly charged, but it is what a lot of people dont realise what I presume helps to fund our lower cost trading that is offered here, and allowing us to purchase fractions of a share and participate in market returns at a good entry point.
Iām not sure on the ISA piece if that is not profitable(there is the FX fee), perhaps its a carrot dangled to entice users to use other services.
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Hi, I was wondering (and couldnāt google it out), what happens in a situation when I buy a share, it gets lent out, and I decide to sell. Is there a chance that I wonāt be able to sell? What happens? Thanks.
Nono, youāll be able to sell it whenever you want.
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