Moomoo: US Stock Yield Enhancement Program (SYEP)
Stock Yield Enhancement Program
Moomoo’s Stock Yield Enhancement Program (SYEP) allows Moomoo to borrow your eligible assets (US common stocks listed on the exchanges and US ETF) and lend them to counterparties who wish to engage in short selling and are willing to pay interest on the borrowed eligible assets. The interest earned on these “loans” is then credited to my account every day the eligible assets are lent out.
