tos doesn't sweep your money into a money mkt cuz they take that cash balance and lend it in the overnight mkt. They pay out a nominal interest...
My gf got a degree in econ, worked for prudential out of college focusing on asset allocation w/ a 63 and 65, relocated to chicago and got a job...
Your civility is appreciated, but Chicagoans are midwesterners, nothing like the ny east coast attitudes. This compliance associate is simply...
my knowledge has fogged a bit cuz I don't deal w/ this much anymore, but here's hopefully an understandable explanation: To put in simple...
Someone earlier said, "I have a funny feeling about tos, I think they're traders and not brokers." he's right, they are traders w/ floor...
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