The Fully Paid Securities Lending (FPSL) Program provides customers with the opportunity to earn additional income on securities positions which would otherwise be segregated (i.e., fully-paid and excess margin securities) by permitting TradeUP Securities, Inc. (“TradeUP Securities”) to lend out those securities to third parties. TradeUP Securities' Security Lending Program is fully-paid, meaning TradeUP Securities will be the borrower and TradeUP Securities will be the party providing the collateral and loan fees to the participating client.
Please note that securities loaned out by customers may not be protected by the SIPC. If you are interested in participating, please contact support@tradeup.com to request a copy of the Securities Lending Program Disclosure.
Still got questions? Contact TradeUP Customer Support by email at support@tradeup.com or reach out to us on Live Chat!