As result of the GameStop "upset", I came to realise that retail brokers not only make money by charging commission, but also by untransparently borrowing my stocks for shorting.
At this point, I want to know:
1. How can I find out if my broker borrows my stocks for shorting?
2. How big is the risk for me? Can I lose part of my stocks due to reckless shorting?
I asked the same two questions to my broker (Avanza in Sweden), and they haven't replied after 4 weeks.
As result of the GameStop "upset", I came to realise that retail brokers not only make money by charging commission, but also by untransparently borrowing my stocks for shorting.
At this point, I want to know:
1. How can I find out if my broker borrows my stocks for shorting?
2. How big is the risk for me? Can I lose part of my stocks due to reckless shorting?
I asked the same two questions to my broker (Avanza in Sweden), and they haven't replied after 4 weeks.