Securities lending explained
CollateralRQV
RQV stands for Required Value. The RQV is the value of collateral you require to be posted to the account in your name at the tri-party collateral manager by the borrower, to cover the outstanding exposure on the active loans with them. Collateral margins are set by Sharegain at a minimum of 105% the value of the loan. Loans and collateral are monitored in real time and, at a minimum, are marked to market daily (an accounting practice that involves recording the value of an asset to reflect its current market value – or previous days closing price when considered in the context of securities lending).
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