Auto-Renewal

Auto-renewal automatically rolls over your borrow position at maturity. Learn more about how auto-renewal works.

For a New Position

You set the renewal policy while placing your borrow order.

1

Review your order

After entering your borrow transaction details, click Review Order.

2

Select a renewal policy

Select the renewal policy you want.

3

Set your maximum renewal rate

If you select fixed-rate auto-renewal, you can set your maximum renewal rate. Adjust it directly on the card, or open the What happens at maturity? section and click the maximum renewal rate.

Note: If the position cannot be renewed at a fixed rate, it defaults to a variable rate for an open term.

For an Existing Position

1

Select your position

Go to the Portfolio page and select the position you want to update.

2

Open the renewal settings

On the position's page, click the filter icon on the Maturity line.

3

Select a renewal policy

Select your preferred renewal policy.

4

Set your maximum renewal rate

If you select fixed-rate auto-renewal, you can set your maximum renewal rate. Adjust it directly on the card, or open the What happens at maturity? section and click the maximum renewal rate.