IBKR Stock Yield Enhancement Program Derivatives Consideration Summary
This section for customers entering into the Stock Yield Enhancement Program Derivatives shows details of the SYEP Fee earned by participants.
This section applies to statements after February 28, 2017.
This section appears in the Default Statement and Legacy Full Default Statement.
| Column | Description |
|---|---|
| Value Date | The date used to determine income. |
| Symbol | The symbol of the security. |
| Start Date | Start date of the transaction. |
| Quantity | The number of shares. |
| Collateral Amount | The collateral amount. |
| Market-based Rate (%) | The market-based fee rate on Value Date. |
| Fee Rate on Customer Collateral (%) | The fee rate applied to the collateral amount. |
| Fee Paid to Customer | The amount you receive for entering into Stock Yield Enhancement Program Derivatives. |
| Code | The code abbreviation. |
Totals
Total amounts for the following fields appear at the bottom of each currency section:
- SYEP Fee Paid to Customer