Hi folks!
Does anyone know why the sum of the ‘interest on cash’ holders (JP Morgan, Barclays, QMMFs) is higher than the total amount of uninvested cash I actually have?
Thank you in advance!
Hi folks!
Does anyone know why the sum of the ‘interest on cash’ holders (JP Morgan, Barclays, QMMFs) is higher than the total amount of uninvested cash I actually have?
Thank you in advance!
Welcome to the Community, @Rallo
The difference comes from the account activity. ‘Your Cash’ displays the real-time balance of your account’s available cash. The funds you used for trades or purchases with the 212 Card are in unsettled state, so they are not yet subtracted from the settled cash.
That makes sense. Thank you Veselin!