MARKET DECLINE: Stock dealers make case for security lending
ON APRIL 27, 20202:57 AMIN BUSINESS
By Nkiruka Nnorom
ON the backdrop of the lull in the equities market, stockbrokers have indicated that securities lending could be a viable option for investors who want to benefit from the current state of the market
Those who spoke to Financial Vanguard, said rather than holding on to the stocks, investors could lend them for profit.
The lending involves a temporal transfer of stock holding for a fee, from their holder (the lender) to another party (the borrower) with the borrower agreeing to return the stocks to the lender either on demand or at the end of the agreed loan term.
Speaking to Financial Vanguard on this opportunity, Mr. David Adonri, Managing Director/CEO, Highcap Securities, stated: “Securities lending is something investors can look at now because the market is not going to be profitable for some time. So, for anybody that has high volume of securities, instead of keeping them without yielding any return, the person can lend them to those that want to borrow for interest.
Source:https://www.vanguardngr.com/2020/04/market-decline-stock-dealers-make-case-for-security-lending/
ON APRIL 27, 20202:57 AMIN BUSINESS
By Nkiruka Nnorom
ON the backdrop of the lull in the equities market, stockbrokers have indicated that securities lending could be a viable option for investors who want to benefit from the current state of the market
Those who spoke to Financial Vanguard, said rather than holding on to the stocks, investors could lend them for profit.
The lending involves a temporal transfer of stock holding for a fee, from their holder (the lender) to another party (the borrower) with the borrower agreeing to return the stocks to the lender either on demand or at the end of the agreed loan term.
Speaking to Financial Vanguard on this opportunity, Mr. David Adonri, Managing Director/CEO, Highcap Securities, stated: “Securities lending is something investors can look at now because the market is not going to be profitable for some time. So, for anybody that has high volume of securities, instead of keeping them without yielding any return, the person can lend them to those that want to borrow for interest.
Source:https://www.vanguardngr.com/2020/04/market-decline-stock-dealers-make-case-for-security-lending/
