What are cash alternatives in TD Ameritrade?

What are cash alternatives in TD Ameritrade?

TD Ameritrade Cash – TD Ameritrade Cash is a cash sweep alternative. Cash balances held in your brokerage account earn simple interest and are protected by the SIPC coverage applicable to the account, and the supplemental private insurance obtained by TD Ameritrade, up to applicable limits. 3.

What is a cash alternative in a brokerage account?

“Cash Alternatives” is used to denote other short-term investments that are generally available through Baird including certificates of deposit, ultra-short bond funds, Treasury bills and notes, and variable rate demand obligations.

What are cash and cash alternatives?

“Cash Alternatives” is used to denote other short-term investments that are generally available through Baird including certificates of deposit, ultra-short bond funds, Treasury bills and notes, and variable rate demand obligations.

Why is my cash not available for trading TD Ameritrade?

When will my funds be available for trading? Funds must post to your account before you can trade with them. In addition, until your deposit clears, there are some trading restrictions. *ACH deposits initiated from your TD Ameritrade account cannot be canceled once they are submitted.

Can I use cash alternatives to buy stock?

You can use cash alternatives for a variety of purposes: To provide relative stability. While cash alternatives can't assure you of a gain or protect you from losses, they are generally considered safer than other types of investments such as stocks or bonds.2009-04-27

What is cash alternative balance on TD Ameritrade?

TD Ameritrade Cash – TD Ameritrade Cash is a cash sweep alternative. Cash balances held in your brokerage account earn simple interest and are protected by the SIPC coverage applicable to the account, and the supplemental private insurance obtained by TD Ameritrade, up to applicable limits.

What is a cash alternatives redemption Ameritrade?

Alternative Cash Redemption means any of the following: (i) the redemption of certain shares of Unimin Capital Stock in exchange for a note or other evidence of indebtedness; (ii) the repayment, satisfaction, or other discharge of a note or other evidence of indebtedness issued in the redemption described in the ...