Reason: None provided.
If a bank lends you $100 and you take it to the market and double it, who gets the extra $100? The bank? No.
Think "loan" instead of "borrow". The trader is paying interest to the broker while the stock is in their possession.
3 years ago
1 score
Reason: Original
If a bank lends you $100 and you take it to the market and double it, who gets the extra $100? The bank? No.
Think "loan" instead of "borrow".
3 years ago
1 score