Thanks for the info. I am aware of the charges for interest and commission, but I was more concerned about borrowing charges that may be oncharged to me when I short. For example if I want to short ANZ and provider wants to hedge their exposure by actually borrowing shares from other brokers and then lending them to me to short. What are the borrowing costs that may be actually oncharged? I'm sorry to hear that your down so much, I am down quite a bit on the long side too with no leverage so I'm looking at a long short strategy. Thanks for any info.