Hard to Borrow definition

Hard to Borrow. Securities. When securities that you have sold short are/or become “hard-to-borrow”, XX Xxxxxx may make a change to any rebates that may be paid to you and/or assess a borrow fee applicable to such securities.
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Hard to Borrow. Determination. Loaned Securities may be, or may become, “hard to borrow” because of short selling or scarcity of available lending supply or corporate events that may impact liquidity in a security.
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Examples of Hard to Borrow in a sentence

  • Hard to Borrow Fees are defined as fees We charge for shorting equities that are considered difficult or unavailable to borrow for short selling transactions (and such Fees are variable and may change from day to day).

  • All charges for Locates and Hard to Borrow fees will be reflected on your monthly brokerage statement.

  • If you see HTB (Hard to Borrow), you won’t be able to sell the stock short yourself, but you can contact our support desk to check and ask an Investment Representative if they can help complete the transaction.MMM (Market Maker Move)The MMM is useful for those who trade earnings.

  • Why It’s Hard to Borrow Money from a Bank If You Live on Reserve | CBC Radio.” CBC, June 25, 2022.

  • Regal Securities, Inc, a FINRA/SIPC registered broker dealer, (“Broker”) offers its clients the ability to enter short sale orders in securities that are not on the easy to borrow list, otherwise known as Hard to Borrow (“HTB Stocks”), at Hilltop Securities (“Clearing Firm”).

  • The claim alleged that E*TRADE breached its contract with customers by failing to disclose in a timely manner the interest rates charged on short sales of certain Hard to Borrow Securities.

Related to Hard to Borrow

  • Borrow each mean a borrowing of Loans hereunder.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Alternative Currency Term Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to Section 2.04.

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).