The International Stock Lending Program gives eligible clients the opportunity to earn income on international stocks they already own if their stocks are lent out. Once opted in, our globally recognised partner BNP Paribas SA, is provided with consent to lend your stocks to borrowers on a supply and demand basis.
Eligibility
To participate in the International Stock Lending Program, you or your entity must meet the wealth test qualifications as a Wholesale Investor. This involves satisfying one of the following test criteria:
The International Stock lending program is available for individual, joint, company, trust, and SMSF’s with a corporate trustee.
There are risks involved with becoming a Wholesale Investor and the International Stock Lending Program, please ensure you are aware of them before participating.
More information about the program is available here.
How do I opt in for the International Stock Lending Program?
Individual Accounts:
Log in to your web trading platform, navigate to Settings > Trading Settings > Stock Lending settings then click Add accounts
Once the pop up appears, select your individual account and click ‘Save’ to proceed to the ‘CMC Invest Wholesale Investor Classification’ page
Submit your valid accountant certificate form, indicating whether you would like CMC Invest to contact your accountant directly by email and manage the form’s completion and submission on your behalf, then opt into Stock Lending by accepting the relevant terms and risk disclosures.
Non-Individual Accounts:
Log in to the web trading platform, navigate to Help > Forms > Stock lending Forms or,
Download the Wholesale Investor Application Form, complete it, then print it and ensure all account holders sign it in wet ink
Download the Qualified Accountant’s Certificate and have your Accountant complete it, print it and sign it in wet ink
Email the completed forms to wholesaleinvestor@cmcmarkets.com.
How do I opt out of the International Stock Lending Program?
If you no longer wish to have your international stocks loaned out, you can easily opt out of the International Stock Lending Program in your ‘Trading Settings’. Simply log in to your web trading platform, navigate to Trading Settings > Stock Lending settings > Opt out.
Contact our team
To know more about the CMC Invest International Stock Lending Program, please contact the Wholesale Investor team on 1300 678 125 or email wholesaleinvestor@cmcmarkets.com.