The instant you opt in to the program, DriveWealth can start to aggregate your holdings and lend it as and when required in the U.S Securities Lending market. However, there is no guarantee that your securities will be lent if you participate in the ...
No, by participating in the Securities lending program and signing the relevant disclosures, you only allow the clearing house to lend your securities and will not be able to borrow any. RBI regulations do not permit brokers to facilitate securities ...
Yes, you can sell your shares irrespective of whether they have lent or not. There should not be any impact on selling/ liquidating the shares. The loan can be terminated at any point in time by simply opting out of the program. This can be done by ...
To change your security lending setting, you can click on"Disable now"under the the'Investing Profile'section of Account Settings on Stockal mobile or web application. Please note, this may take up to 24 hours reflect on the reports.