Frequently Asked Questions
How do you guarantee the safety of my securities, and their eventual return?
We only lend your securities to top tier banks and each loan is over-collateralised, on average 105% of the value of the loan. The collateral is held and managed by Bank of New York Mellon (BNYM), the world’s largest custodian.
Sharegain does not hold or take title of your securities or lending revenues at any time. Your securities never leave your bank/broker account until they are loaned out and only after the collateral is already in your account at BNYM.
Securities lending is a long-established practice and integral to capital markets. As a lender you are protected by a number of industry standard agreements, such as the Global Master Securities Lending Agreement, which governs all loans.