QUESTRADE - lending shares, PFOF and routing of orders. - r/Baystreetbets. Hello fellow traders, not sure if this is common knowledge but I learned some interesting while talking to a QT agent. QT does NOT lend any shares unless they were purchased on margin.
Does Questrade lend shares to short sellers?
Also, when you agree to pay the fee to borrow an investment short, it does not guarantee the availability of the position for the entire duration you intend to hold the short position. Questrade reserves the right to cover your short positions at any time without prior notice.
Can shares be lent from a TFSA?
If you call your broker requesting to short a stock or an exchange-traded fund (ETF) in a registered account (e.g. RRSP or TFSA account), your broker will reply that the tax regulation does not allow such transactions in registered accounts. In fact, short selling is only available in margin accounts.