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Insured Deposit Sweep Programs

1 points| bdkoepke | 3 years ago |intrafi.com

1 comment

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bdkoepke|3 years ago

The cash sweep program at ibkr is FDIC insured up to $2.5M, plus $250k SIPC.

ICS and CDARS cash sweep is FDIC insured across 2000 banks.

Also consider direct buying treasuries with a segregated custodial account.