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Interactive Brokers Expected to Raise Interest Rates to USD 4.33% on Instantly Available Cash
Interest is Paid Directly to Client Brokerage Accounts GREENWICH, Conn. — Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced that clients are expected to earn up to USD 4.33% on instantly available cash b
GREENWICH, Conn. -- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced that clients are expected to earn up to USD 4.33% on instantly available cash balances over USD 10,000. Unlike brokerages that offer significantly lower rates, Interactive Brokers conveniently pays interest directly to client brokerage accounts. This eliminates the need for separate sweeps accounts, funds or programs and enables cash to be instantly available. Read More
