---
title: "Can pledged shares be lent under SLB?"
description: "No, you cannot lend pledged shares under SLB. You can only place SLB orders once you unpledge your shares. When you execute an SLB order, your shares…"
category: arrow
subcategory: trading-faqs
slug: can-pledged-shares-be-lent-under-slb
canonical: https://support.arrow.trade/arrow/trading-faqs/can-pledged-shares-be-lent-under-slb/
---

# Can pledged shares be lent under SLB?

> No, you cannot lend pledged shares under SLB. You can only place SLB orders once you unpledge your shares. When you execute an SLB order, your shares…

## Short answer

No, you cannot lend pledged shares under SLB. You can only place SLB orders once you unpledge your shares. When you execute an SLB order, your shares are debited from your account and credited to the borrower's account.

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Source: https://support.arrow.trade/arrow/trading-faqs/can-pledged-shares-be-lent-under-slb/
Publisher: Arrow / iRage Broking Services LLP