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Glossary · PSX term

Securities Lending and Borrowing (SLB).

SLB is a regulated system that lets investors lend out or borrow shares for a fee.

Definition

On the PSX, SLB supports activities like covering short sales by letting a borrower temporarily take shares from a lender against collateral and a fee. The lender keeps economic ownership benefits while earning the lending fee.

Worked example

A short seller borrows shares through SLB to deliver into a short sale, returning equivalent shares later.

Related on PSX Clarity

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Short selling
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Central Depository Company (CDC)
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