IB pays Libor - 0.25% on cash in the account. This is just about 4.75 % or a tad more and is as good as any money mkt funds trhat I know about.
Wes Smith <[EMAIL PROTECTED]> wrote: How about the funds mentioned in this article http://www.smartmoney.com/etf/education/index.cfm?story=betterliving2004 ( I just did a google on 'money market etf' and got a few hits.) ----- Original Message ---- From: mrdavis9 <[EMAIL PROTECTED]> To: [email protected] Sent: Friday, January 12, 2007 9:12:25 AM Subject: [amibroker] OT:ETF's for MONEY MARKET FUNDS Interactive Brokers does not offer Money Market mutual funds, or Mutual funds of any kind, but they do offer trading in ETF'S. If ETF traded Money Market Funds are available that have the same risk as MM-Mutual Funds, then uninvested funds in Interactive Brokers could be parked in a money market ETF without having to take the money out of the Interactive brokers personal account, or the Interactive borkers IRA accounts. I have (searched) for Money Market ETF's and have not found any yet. I would appreciate hearing any suggestions of how I might be able to achieve my objective of parking uninvested Interactive Brokers funds while taking no more risk than MM-Mutual Funds. Ron D --------------------------------- Now that's room service! Choose from over 150,000 hotels in 45,000 destinations on Yahoo! Travel to find your fit. --------------------------------- Now that's room service! Choose from over 150,000 hotels in 45,000 destinations on Yahoo! Travel to find your fit.
