In a securities borrowing transaction, the shares you borrowed need to be returned within a certain period of time, and the time of repayment is as follows:
- Return at any time: Generally speaking, you can choose to return the borrowed shares at any time after you have sold them. The operation of restitution does not necessarily have a fixed time limit, as long as it is carried out within the contract or a specified period.
- Forced liquidation: If the stock price fluctuates greatly, or if the margin in your account is insufficient, the brokerage may trigger a forced liquidation measure and require you to return the stock or replenish the margin in a short period of time. The specific trigger conditions are set by the broker and are usually monitored by the margin ratio.