What is Cash Sweep?
What is Cash Sweep?
Key takeaways
主要外卖
Cash Sweep is a finance management service offered by Futu in collaboration with banks.
The Cash Sweep program bears no effect on the purchasing power of the brokerage accounts, automated operations and funds protected by deposit insurance
It's quite easy to join or exit Cash Sweep
现金清扫是富途与银行合作提供的一项金融管理服务。
现金清扫计划对经纪账户、自动操作和受存款保险保护的资金的购买力没有影响
加入或退出现金清扫相当容易
Understanding Cash Sweep
了解现金清扫
If there's excess money on your securities account and you do not want to bear more risks of market volatility, to generate some extra income on that excess cash. Joining Cash Sweep may be a good choice.
如果你的证券账户上有多余的钱，而你不想承担更多的市场波动风险，那么就可以从这些多余的现金中获得一些额外的收入。加入现金清扫可能是一个不错的选择。
Cash Sweep is a finance management service offered by Futu in collaboration with banks, currently open to US taxpayers only. It is a cash sweep program which deposits funds from the securities account into a bank to earn interest.
现金清扫是富途与银行合作提供的一项金融管理服务，目前仅对美国纳税人开放。这是一种现金清扫计划，将证券账户中的资金存入银行以赚取利息。
Banks that collaborate with Futu include Bank United, Cadence Bank, EastWest Bank and Preferred Bank. Please refer to the real-time list of cooperative banks as it might be updated. Clients can also filter out specific banks.
与富途合作的银行包括联合银行、卡登斯银行、东西银行和首选银行。合作银行实时名单可能会更新，请参考。客户还可以过滤掉特定的银行。
Advantages of Cash Sweep
现金清扫的优势
Apart from earning interest, Cash Sweep has other advantages:
除了赚取利息外，现金清扫还有其他优势：
Firstly, it does not affect the purchasing power of the securities account. Funds deposited by clients in the bank will still be part of the purchasing power of the securities account, so trades will not be impacted.
首先，它不会影响证券账户的购买力。客户存入银行的资金仍将是证券账户购买力的一部分，因此交易不会受到影响。
Secondly, operations are automated. When the balance in the securities account becomes negative, funds will be automatically redeemed from the bank for repayment without creating margin interest. When there's cash in the account, funds will be automatically deposited back in the bank to earn interest.
其次，操作是自动化的。当证券账户余额变为负数时，资金将自动从银行赎回偿还，而不会产生保证金利息。当账户上有现金时，资金会自动存回银行赚取利息。
Thirdly, funds are protected by deposit insurance. Bank deposits held by clients through Futu and other brokerage firms are uniformly protected by the Federal Deposit Insurance Corporation (FDIC). The maximum insurable amount in each depository bank is $250,000, and $500,000 for joint accounts.
第三，资金受到存款保险的保护。客户通过富途和其他经纪公司持有的银行存款受到联邦存款保险公司的统一保护。每家存款银行的最高可保金额为25万美元，联合账户的最高可保金额为50万美元。
How to join Cash Sweep?
如何加入现金清扫？
It only takes a few simple steps to join Cash Sweep. It's quite easy to exit the program, too.
只需几个简单的步骤就可以加入现金清扫。退出程序也很容易。
On the securities account page of FUTU US, tap "Up" on the right side of the "Cash" tab, or the "Cash Sweep" portal below, then you can start Cash Sweep procedures and participate in this money management plan. The specific steps are shown in the picture below.
在富途美国的证券账户页面，点击“现金”标签右侧的“向上”，或点击下方的“现金扫码”入口，就可以启动现金扫码程序，参与这项资金管理计划。具体步骤如下图所示。
If you want to exit the program, all you need to do is to tap the close button in the upper right corner shown in the fourth screenshot above.
如果你想退出程序，你只需要点击右上角的关闭按钮，如上面第四张截图所示。
For more investment knowledge and trends, welcome to Courses in the Community.
欲了解更多投资知识和趋势，欢迎访问课程在社区里。
