title = "Securities Lending"

content = """
Securities lending enables short selling and provides incremental returns
to long holders. Trading desks coordinate with lending desks for short
requirements.

**Borrow Availability** varies by security. Hard-to-borrow names command
premium lending rates and may have restricted availability.

**Collateral** secures loans. Cash and non-cash collateral have different
economics. Rebate rates affect overall cost of shorting.

**Recall Risk** means lenders can recall securities. Short sellers must
cover or find alternative borrow. Failed deliveries result from recall
or lack of supply.

**Corporate Actions** during a loan require coordination. Dividend
compensation and voting rights have specific handling.
"""

version = "0.0.1"
