Downloading moneymarket buys, sells, and sweeps from Schwab & Co. Inc.

jklan's Avatar

jklan

23 Apr, 2010 03:16 PM

MD 2010 is not downloading investment accounts money market actions on anything other than dividends. I have checked the stock name and symbols and they are correct. I am currently using Build 748, this has been a consistent problem with 2010. My platform is XP Pro with latest updates for it and Java.

Any suggestions?

Joel

  1. 1 Posted by Tom Freeman on 22 Jun, 2010 07:03 PM

    Tom Freeman's Avatar

    Joel,

    Sorry for the late response. Trying to clear up pending issues.

    I think "sweeps" are just frequent transfers into a separate account. That's how MD deals with them - it doesn't do anything special

    The investment account itself carries a cash balance, so that is basically what the "sweeping" is going into. In other words, no need for sweep transactions since the investment account holds the balance.

    Tom

  2. Angie Rauscher closed this discussion on 24 Jul, 2011 07:55 PM.

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