Captcha not verified
Submission failed

Home»Service Centre»Financial Products»Are single-stock CFDs subject to borrowing costs and how can I obtain details?

Are single-stock CFDs subject to borrowing costs and how can I obtain details?

Borrowing costs may be charged on short CFD positions held overnight. These costs are not to be confused with the standard CFD financing credit or costs associated with CFD trading. The costs are a function of supply and demand in the market as determined by the level of interest in shorting any given stock. If you short a CFD, Cornèrtrader will normally borrow the underlying stock in the market at the time you open your CFD position. If demand in the market to borrow that same stock is high, a borrowing cost may be charged, reflecting the reduced availability of the stock for borrowing.

The borrowing rate is set at the time the position is opened and is charged monthly.

To view the relevant borrowing rate in the trading platform, see under Account > Trading Conditions > CFD Stock/Index Instrument List

Both the standard CFD financing costs incurred for a single stock CFD and the estimated borrowing cost where applicable are displayed when you trade a CFD.

Cornèrtrader is the online trading brand of Cornèr Bank Ltd. The website, all pages thereof and the material contained therein are not intended for natural or legal persons who, by virtue of their nationality, place of business, residence or for other reasons are subject to a legal system that prohibits or limits access thereto, consultation, availability or publication thereof, the presentation of financial services or the marketing of certain financial products. In particular, certain sections or pages relating to products and services of Cornèr Bank Ltd. are intended only for persons resident and/or domiciled in Switzerland. Access to the Cornèr Bank Ltd. website is prohibited to all persons to whom such restrictions apply. Please also read the legal notes and privacy notice.