Jiko’s automatic trading technology immediately sweeps customer cash to its broker-dealer to buy T-bills when a deposit is made. When a T-bill matures, Jiko automatically uses the proceeds to invest in the latest on-the-run Treasury bill of the same maturity.
Jiko Securities Inc invests funds in Treasury bills in $100 increments. Aggregate funds in your Brokerage Account of less than $100 will remain in that account in cash.
If you have any questions, the team is always here for you, so feel free to contact our support team.