Robinhood announces new Cash Management service with 2.05% interest on unspent brokerage funds (Update: Rolling out now at 1.8% APY)

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Replace 1: 2019/12/13 11:51am PST This week, Robinhood began to roll out its Money Administration characteristic to a small variety of customers. As of at the moment, the Annual Share Yield (APY) on unused funds is 1.80%, It has been almost a 12 months for the reason that inventory funding and cryptocurrency firm Robinhood paused its launch …
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