Earn more from your portfolio with Stock Lending

When you build your portfolio with Saxo, you can add to your returns with our new Stock Lending service. It’s a flexible and simple way to earn more from your stocks and ETFs.

You can activate Stock Lending from your account settings.


It’s easy

Just activate Stock Lending and we may lend out your stocks for you

It’s flexible

Activate or deactivate Stock Lending whenever it suits you

You’re in charge

Your stocks are yours to sell any time you choose

Tooltip   The actual lending of stocks/ETFs depends on market demand. No lending or revenues are guaranteed by activating the service.

How much can you earn?

Stock lending can provide you with passive income throughout the loan period. The interest rate you receive will depend on which stocks are lent out and can change over time.

Stocks that are in high demand and are hard to borrow in the marketplace will naturally receive a higher fee when they are lent out.

Here, you can see examples of the interest rates our clients have been earning when lending out top in-demand stocks.

Top in-demand stocksStock Lending Interest rate
united-states   Beyond Meat Inc.12.68%
Switzerland   Amundi Global Agg SRI UCITS DR EUR H ETF4.25%
Netherlands   Avantium20.18%
Netherlands   FastNed13.17%
German   Biocartis Group NV11.90%

The listed returns are annualised rates paid to clients during the month of October 2024. The rates can not be used as a reliable indicator for future returns.

What is Stock Lending?

Stock Lending is a service through which you make your stocks and ETFs available for lending to other market participants. Sometimes, the market is hungry for certain stocks and if you own these, you can earn extra revenue by lending them out. The best part: your stocks are still yours – you’ll see them in your portfolio, you’ll receive payments equivalent to applicable dividends and you can sell your shares whenever you like. So, aside from the opportunity to enhance your returns, nothing changes for you.

How does it work?

Let’s say you own shares in ACME Corp – and that stock is currently in high demand, paying a borrow fee of 24% per year. If you’ve activated your account for Stock Lending, we’ll loan your shares out to market participants who will pay interest on the loan each month they’ve borrowed your shares.

We split the interest 50/50, meaning you earn 12% per year, on loaning out your ACME Corp shares. This extra income is deposited into your account at the end of each month, all visible in the Stock Lending dashboard in the platform. And while no lending or revenues are guaranteed by activating the service (since the actual lending of shares depends on market demand), we take care of the lending process for you, making it a true win-win.

When you enable Stock Lending, you still assume the risk of the market value of any stocks/ETFs lent out. So, if the price of your lent-out stock gains or declines, that will be reflected in your account value, just as it would be if the stocks were not lent out.

There are several reasons third parties may borrow stocks. For instance, they may want to hedge their existing positions, to short markets in which they don't own any shares, or to borrow assets to meet a demanding delivery deadline.
No, you can’t choose to only make certain stocks/ETFs available for lending. When you activate Stock Lending, all eligible stocks/ETFs in your account become available for lending.
While your stocks are lent out, you do not retain rights to vote or attend shareholders meetings (as applicable).

You can activate or deactivate Stock Lending in your Portfolio overview.

You can learn more about Stock Lending on our help portal.

When you enable Stock Lending, you still assume the risk of the market value of any stocks/ETFs lent out. So, if the price of your lent-out stock gains or declines, that will be reflected in your account value, just as it would be if the stocks were not lent out.

If Saxo Bank were to enter into bankruptcy or become insolvent, the client also bears the economic risk that in the period from the bankruptcy to the distribution of collateral by the collateral agent, there is a possibility that the value of the open loan has increased to exceed the collateral provided. The collateral will always be at least 102% of the value of the open loans.

220,000+

Daily trades

1,200,000+

Clients

115+ bn

USD client assets

15+ bn

USD daily trade volume


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