Before
The following table shows Balances before the sweep process.
| Day 1 Before Sweep | Amount |
|---|---|
Settled USD Cash | $100,000.00 |
Unsettled USD Cash | $50,000.00 |
STIF Balance (Par) | 0.00 |
Sweep is run, settled cash is swept, and a buy of STIF is processed.
After
The following table shows balances after the sweep process.
| Day 1 After Sweep | Amount |
|---|---|
Settled USD Cash | $0.00 |
Unsettled USD Cash | $50,000.00 |
| STIF Balance (Par) | 100,000.00 |
Day 2
Entity STIFDEMO:
- Starts out with a 100,000.00 STIF Balance (position).
- Prior to running the cash sweep, the $50,000 debit unsettled balance from the previous day has been settled, along with new activity totaling a $65,000 credit to Settled Cash, leaving Eagle Accounting with a Credit Cash Balance of $15,000.
- The sweep process is run and a sale of STIF for 15,000 Par at $1 (total of $15,000) is generated and settled.
- This results in an end-of-day STIF Position of 85,000 Par, a Settled USD Cash balance of 0, and an Unsettled USD Cash balance of 0.
Before
The following table shows
balances before the sweep process.Balances before the sweep process.
Day 2 Before Sweep | Amount |
|---|---|
Prior Day Ending Cash Balance from Day 1 | $0.00 |
Settlement Activity for Day 2 | ($15,000.00) |
Settled USD Cash for Day 2 | ($15,000.00) |
Unsettled USD Cash for Day 2 | $0.00 |
STIF Balance (par) | 100,000.00 |
Sweep is run, settled cash is swept, and a buy of STIF is processed.
After
The following table shows balances after the sweep process.
Day 2 After Sweep | Amount |
|---|---|
Settled USD Cash | $0.00 |
Unsettled USD Cash | $0.00 |
STIF Balance (par) | 85,000.00 |