No investment advice
Yieldbard is an information and calculation tool. Nothing on this platform — including financing rate estimates, benchmark comparisons, after-tax projections, or order ticket templates — constitutes investment advice, a personal recommendation, or an offer or solicitation to buy or sell any financial instrument.
Oscar Rojas et al are not registered or authorised as an investment firm, financial advisor, or investment intermediary by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), any other German authority, or any authority of another jurisdiction.
No content on this platform is regulated under MiFID II, the German Securities Trading Act (WpHG), the German Capital Investment Act (KAGB), or any equivalent legislation. We make no suitability assessment and we do not consider your personal financial situation, investment objectives, risk tolerance, or knowledge and experience.
Indicative figures only
All financing rates, spreads, cash amounts, after-tax returns, and other quantitative outputs shown on this platform are indicative only. They are derived from historical market data, reference benchmarks, or user-supplied parameters.
They do not represent binding quotes, guaranteed rates, or promises of future performance. Actual results at execution will differ, potentially materially, due to bid-ask spreads, transaction costs, margin requirements, and changing market conditions.
Past rates are not a reliable indicator of future rates.
No tax advice
The after-tax estimates and tax savings figures shown on this platform are illustrative only. They use simplified assumptions and do not constitute tax advice.
The tax treatment of box spread proceeds is subject to applicable law, which may change. Tax laws change; the simplified model used by this platform may not reflect the current legal position.
You must consult a qualified tax advisor before relying on any tax-related output from this platform. Do not make tax-planning decisions based solely on the estimates provided here.
No legal advice
Nothing on this platform constitutes legal advice. If you have legal questions about box spread financing, options trading, or the regulatory treatment of these instruments, you should consult a qualified lawyer.
Consult qualified professionals
Before implementing any financing strategy based on information from this platform, you should independently verify the current market rates and consult a qualified financial advisor, a qualified tax advisor, and if appropriate, a lawyer.
The responsibility for any financial decision rests entirely with you.
No affiliation with IBKR or SnapTrade
Oscar Rojas et al are not affiliated with, endorsed by, or partners of Interactive Brokers LLC (IBKR) or SnapTrade Inc. References to IBKR products and services are for informational purposes only.
Interactive Brokers LLC is a registered broker-dealer and investment advisor. All brokerage decisions and account management must be conducted directly with IBKR under their terms and conditions.
Limitation of liability
To the maximum extent permitted by applicable law, Oscar Rojas et al accept no liability for any loss or damage — direct, indirect, or consequential — arising from your reliance on any information, estimate, or output from this platform.
This limitation applies regardless of whether the loss arises from inaccuracy in the data, changes in law or tax treatment, market movements, operational errors, or any other cause.
Last updated: April 2025