Short Stock Availability Tool

Use the Short Stock Availability tool to get the number of shares available of a particular stock for shorting and the current indicative borrow rate.

Note:    This tool is ONLY available from the Customer Service Tools page in Account Management.

Using this tool, you can:

●         Search for any stock by symbol and exchange, ISIN or CUSIP number.

●         View availability, number of lenders, and current indicative borrow rate.

●         View historical indicative borrow rates and download these rates in a comma-separated values (.csv) file, which you can open in Microsoft Excel.

●         Find short stock availability for a single symbol, or for multiple symbols uploaded in a bulk request file.

Here's an example of using the Short Stock Availability tool to find the availability and indicative borrow rate for DELL.

Any stock or option symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.

To use the Short Stock Availability tool

1. Click the Tools icon in the Customer Service section of the Account Management left pane to display the Customer Service Tools page.

2. Click Short Stock (SLB) Availability.

The Short Stock Availability tool opens, showing the Short Stock (SLB) Search form.



3. Search for a stock by entering the symbol and exchange, the ISIN number or the CUSIP number, then click Search:

• Type the symbol and exchange in the Symbol and Exchange fields, respectively.
  
  or

• Type the ISIN number in the ISIN field.
  
  or

• Type the CUSIP number in the CUSIP field.

The search results are displayed below the search fields. The following figure shows an example of search results for the symbol DRYS.



Any stock or option symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.

4. To view the historical indicative borrow rates, click Historical Rates. The historical rates are displayed.

   

5. Download a comma-separated value (.csv) file containing the historical indicative rates by clicking Download, then saving the file to your computer. You can open this file in any spreadsheet program that imports .csv files, including Microsoft Excel.

To use the Short Stock Bulk Request

1. Click the Tools icon in the Customer Service section of the Account Management left pane to display the Customer Service Tools page.

2. Click Short Stock (SLB) Availability at the bottom of the page.

The Short Stock Availability tool opens.

3. Click the Bulk tab to open the Short Stock(SLB) Bulk Request form.

   

4. Create your bulk request file as a text file according to the following rules, which are also displayed on the Bulk Request page:

• Each bulk request file must include a header that indicates the format you are using. Headers must be one of the following (one per file):
  
  #SYMBOL
  #CUSIP
  #ISIN

• Each row in the bulk request file must include the following:
  
  SYMBOL, CUSIP or ISIN, and the exchange.

• Use a semi-colon ( ; ) as the delmiter for each row.

Here is an example of a SYMBOL bulk request file. It is one of the three sample files available for download on the Short Stock (SLB) Request form:

#SYMBOL

AA;NYSE

IBM;ARCA

WIND:NASDAQ

If you use the sample bulk request files on a Windows platform, we recommend doing any editing in Wordpad instead of Notepad.

5. Click the Browse button to locate the bulk request file on your computer that you want to upload.

6. Click Process.

If you are using Firefox, you are prompted to save or download the results.

If you are using Internet Explorer 7, the results display on a new tab in the browser.

For more information...

●         Shortable Stocks