eToro Launches Stock Lending Program in UK

Reuters12-05 21:22
eToro Launches Stock Lending Program in UK

eToro Group Ltd. has launched its stock lending programme in the UK, allowing eligible users to generate passive income by lending out their stocks. This move follows successful launches in Europe and the UAE and marks a significant expansion of eToro's efforts to provide retail investors with new income opportunities. The programme is supported by a partnership with BNY, which handles custody and clearing, and EquiLend, which facilitates the lending process. This expansion strengthens eToro's clearing and custody relationship with BNY and extends its fully funded stock and ETF offering across 19 global exchanges.

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