You will only earn income if your securities are eligible to be lent out. Your securities will be eligible for lending only if there is a demand for the stock/ETF in the market. The amount of income earned depends on the borrowing interest rate and the demand of the particular stock in the securities lending market.

Income earned from lent securities accrues daily and is credited to your account monthly. If shares are lent out, you earn 10% of the total income generated from the interest. Northbound Securities and our clearing firm (DriveWealth) share in the rest. Your proportion can change at any time without prior notice.