Why is interest not payable on cash held in the commodities segment of my account?

CONFIGURE EXCESS FUNDS SWEEP

Your IBKR Universal Account may be eligible to trade securities, commodities/futures, and cryptocurrency products. Based on eligibility and trading permissions, a Universal Account comprises up to three underlying accounts or account segments: a securities account governed by rules of the US Securities and Exchange Commission (SEC), a futures account governed by rules of the US Commodity Futures Trading Commission (CFTC), and a Cryptocurrency account. As part of our Universal Account service, you have authorized us to automatically transfer funds as necessary between your securities account and your futures account in order to satisfy margin requirements in either account. …

INTRODUCTION

The regulation of securities and commodities products and brokers¹ in the U.S. is administered by two distinct federal agencies, the Securities and Exchange Commission (SEC) for securities including stocks, ETFs, bonds, options and mutual funds and the Commodities Futures Trading Commission (CFTC) for commodities including futures and options on futures…

For accounts contracted by the triparty agreement and carried by IBLLC, the account has two segments: securities segment and commodities segment. The regulation of securities and commodities products and brokers in the U.S. is administered by two distinct federal agencies, the Securities and Exchange Commission (SEC) for securities including stocks, ETFs, bonds, options and mutual funds and the Commodities Futures Trading Commission (CFTC) for commodities including futures and options on futures. Please see…

All account types are eligible. However, for accounts contracted by the triparty agreement and carried by IBLLC in the US the account is authorized to trade both securities products and commodities/futures products. Interest is payable on the uninvested cash in the securities segment of your account only, it is not payable on cash held in the commodities segment of your account. You can sweep excess funds from your commodities segment into your securities segment each time as you deem it appropriate or set-up an auto-sweep…