Riddler
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that issues loans against the assets on account?
So if I have X amount of stocks with broker A and need cash, rather than having to liquidate a portion of the assets broker A gives me a loan tells me the rate of interest and I do whatever I want with the cash.
Bascially, is there a broker out there that will offer a loan using client assets as collateral?
If you know of one please could you direct me to their website and I'll have a look in more detail at the terms on offer.
Thanks
So if I have X amount of stocks with broker A and need cash, rather than having to liquidate a portion of the assets broker A gives me a loan tells me the rate of interest and I do whatever I want with the cash.
Bascially, is there a broker out there that will offer a loan using client assets as collateral?
If you know of one please could you direct me to their website and I'll have a look in more detail at the terms on offer.
Thanks