ASM 3.11% 78.0¢ australian strategic materials limited

generally, it is not the actual holder that loans out the stock...

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    generally, it is not the actual holder that loans out the stock for shorting. it's generally the custodians that loan the stock out.
    standard contracts with custodians include a clause permitting the custodians to loan the stock out.
    custodians argue that by including this clause that they are able to maintain their fee at a lower rate, as they earn the additional fee from the shorting activity
 
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