Saxo Bank's Turkish lira swap is high! DRIP is possible and you can also short U.S. stocks
Swap Shareholders: Swap Points for "Turkish Lira/Yen"
Recent "Turkish Lira/Yen swap points" from Saxo Bank Securities
Buy swaps were 128 yen on December 10, 155 yen on December 11,
and 126 yen on December 12, which are high levels even within the industry.
Please see the details here
DRIP is Possible
DRIP stands for “Dividend Reinvestment Plan,”
and refers to receiving dividends in stock rather than cash,
allowing you to steadily increase the number of shares you hold.
Note that it supports dividend allocations for one unit of stock, but
dividends for less than one share cannot be reinvested,
so settlement will be in cash.
Additionally, there are no fees for reinvestment!
U.S. Stocks for Short Selling
At Saxo Bank, in addition to physical U.S. stocks,
we handle individual stock CFDs,
so you can hold the same stock in both physical form and as an individual stock CFD.
Using individual stock CFDs for U.S. stocks where margin trading is not available,
it is, of course, possible to start with “short selling.”
As with FX, you can profit without missing opportunities during market downturns.
Also, with individual stock CFDs you can leverage up to a maximum of 5x,
making it possible to use capital efficiently.
Please see the details here
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