Fully Paid Lending Program?

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jason
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Fully Paid Lending Program?

Post by jason » Mon Jan 11, 2021 11:45 am

So I just got an email from Fidelity encouraging me to sign up for their fully paid lending program, where I can lend out my securities and earn money. Is anyone familiar with this program? It appears programs like this are widely offered by various brokerage firms:
https://www.fidelity.com/trading/fully- ... 86_2_0_CV1
https://us.etrade.com/what-we-offer/our ... id-lending
https://www.ally.com/invest/self-direct ... e-program/
https://www.firstrade.com/content/en-us ... ieslending

Has anyone here tried this? How much does it typically pay out?
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