Start Earning Extra Income
Earn Interest on Your Eligible Stock Positions
Toroxstream Securities, Inc.
What is fully paid stock lending?
Toroxstream's Fully Paid Stock Lending Program gives you an opportunity to earn incremental income on your portfolio’s eligible stock positions. When we lend out certain fully paid or excess margin securities in your account, you’ll receive a share of the interest we earn each day.
Generate incremental income
While your shares are on loan, you’ll accrue daily interest, which is paid to your account once a month, in addition to the value of any dividend payments.
No long-term commitments
You can sell your securities on loan at any time.
Loans are secured
Rest easy knowing your securities on loan are backed by US dollar collateral held on your behalf, by a third-party collateral agent and secured party, in a separate bank account for your benefit.
Tax considerations
You’ll receive cash payments in lieu of dividend payments while your securities are on loan. Although dividends from your securities are tasked at a different rate.
Here’s how the Fully Paid Stock Lending Program works
When we lend out certain fully paid or excess margin securities in your account, you’ll receive a share of the interest earned each day. The interest rate is determined based on the demand in the lending market and the value of the security. The greater the demand for your securities, the higher your potential income.
See for yourself
Select one of the stock symbols below to see a hypothetical example of how Toroxstream's Fully Paid Stock Lending Program works.
| MITT | |
| Shares on loan | 1,000 |
| Market price | $4 |
| Market value | $4,000 |
| Annualized lending interest rate* | 22.5% |
| Annualized return | $900 |
| Daily Accrual ($4,000*22.5%/360 days) | $2.50 |
| Hypothetical monthly income ($2.50 x 30 days/month) | $75 |
| BXYL | |
| Shares on loan | 1,000 |
| Market price | $1 |
| Market value | $1,000 |
| Annualized lending interest rate* | 27% |
| Annualized return | $270 |
| Daily Accrual ($1,000*27%/360 days) | $0.75 |
| Hypothetical monthly income ($0.75 x 30 days/month) | $22.50 |
| RIOT | |
| Shares on loan | 1,000 |
| Market price | $3 |
| Market value | $3,000 |
| Annualized lending interest rate* | 9% |
| Annualized return | $270 |
| Daily Accrual ($3,000*9%/360 days) | $0.75 |
| Hypothetical monthly income ($0.75 x 30 days/month) | $22.50 |
Ready to get started?
If you’re sitting on stock or ETF securities, fully paid securities lending could be an investment strategy to consider. It could add extra income to your portfolio — with little to no effort on your part.
