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alpacahq / Alpaca-API

The Alpaca API is a developer interface for trading operations and market data reception through the Alpaca platform.
https://alpaca.markets/
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Allow shorting of hard-to-borrow stocks #211

Open Algobig opened 2 years ago

Algobig commented 2 years ago

Most brokers offer shorting of easy-to-borrow stocks for free (same as Alpaca), and hard-to-borrow stocks are offered for a borrow fee (typically 1-5% annualized depending on the stock). Alpaca currently doesn't allow shorting hard-to-borrow stocks at all, meaning most long/short algorithms can't be run on Alpaca. Please add this feature! (And it will be a good source of revenue for Alpaca too!)

CaptainZ8 commented 2 years ago

Totally agree. Being able to borrow (regardless of easy and hard) is one of the most important benchmarks of a good broker. Alpaca is so far ahead of everyone in technology, hope it can also keep up on the business side.