It allows you to day trade or invest in your favorite stock, without actually owning (buying or selling) the stock itself (or the underlying assets)
Toronto,Ontario (PRWEB) March 05, 2015
Stockleasing, a Financial Engineering and Risk Management firm, has started its operations. Instead of paying for the full price of a stock, (sometimes at Thousands of Dollars per share) the users can simply lease the stock for a small fraction of its price, and gain the right to its price movements.
The firm’s first product is called Type U. "It allows you to day trade or invest in your favorite stock, without actually owning (buying or selling) the stock itself (or the underlying assets)," according to Stockleasing.com. "It is the simplest way to lease stocks for one day; users simply pick their stocks, pay the upfront leasing fee or cost per share, and obtain the right to their price gains or changes," says John Takamara, the company's Chief Financial Engineer. The firm has access to a wide network of Financial Institutions, and provides its services by utilizing algorithms and Financial Products, such as forwards, swaps, other options, and debt structures.
"The user has to simply choose the stocks that he/she wants to lease; we will then deal with all the complexities in the background, and will provide the lowest leasing rates possible, a plain vanilla quotation procedure for the user," Takamara added. Users can also choose to lease the readily available "Star stocks", which according to the firm’s website "are samples of representative and generally good performing stocks that are chosen by our staff."
The ability to rent shares is potentially ground-breaking. It would mean that small investors or traders are no longer bound by cheaper stocks, and have much more choice. They can invest in hottest stocks, without breaking the bank. Furthermore, Stockleasing’s users do not need to deal with complicated options or hedging strategies, which are time-consuming and costly.
Stockleasing.com is currently fully operational; however, it is on Beta mode, and is accepting limited new users. To register, either a current user has to provide an invitation, or the following invitation code should be entered in the registration form: mkt2015