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seemed to me like the URA X ETF did the buying and now the...

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Froggy $

13,218 Posts.

274

22/06/23

19:40

Post #: 68425438
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Originally posted by mbc ↑

Sorry didn’t quote: That’s the borrow rates for shorting the ETF itself.

Think of URA as basically a stock, you can buy and sell it just the same, including shorting it.

URA underlying shares(like ASN) are held by those in the top 20 you as “nominees” - they never actually own the shares themselves, the banks do, and the banks can lend them for shorting. It’s not the ETF doing it itself.

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seemed to me like the URA X ETF did the buying and now the lending..? I'm still learning..

Last edited by Froggy $: 22/06/23
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