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APY% reward
$Futu Holdings Ltd (FUTU.US)$ good morning does anybody know if the total assets USD $ amount counts in the cash sweep APY% reward?
I'm trying to get the extra 3.75%APY but $ amount on the cash sweep is $0 so I'm not sure. would someone be able to clarify this for me?
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Moomoo Buddy : Dear customer. After the funds you deposited via ACH are settled to your cash account, the funds must remain in cash account for 4 business days before it can earn interest.
Small potato 88 OP Moomoo Buddy : Thank you for the response. So the $ amount shown on the assets would be shown on the cash sweep after 4 days?
Sorry I'm still trying to undertand the platform.
Thanks,
Moomoo Buddy Small potato 88 OP : If you have the cash account with us, the funds deposited by ACH will be added to the cash sweep program on the 4th business day after they hit your brokerage account and the amount will showing up 1 day later at the cash sweep page. Please make sure you join in the cash sweep program.
Small potato 88 OP Moomoo Buddy : I believe I joined. Thanks