Interactive Brokers introduced a Bank Deposit Sweep Program this year. They dist... | Hacker News

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		Schweigi on Dec 13, 2018 \| parent \| context \| favorite \| on: Robinhood launches 3% checking account Interactive Brokers introduced a Bank Deposit Sweep Program this year. They distribute cash over 10 banks to provide up to $2.5mio FDIC insurance.

whitepoplar on Dec 13, 2018 [–]

Same with Fidelity's free CMA account.

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