What is Cash Management

Webull Cash Management strives to empower you with the aim to earn a competitive return on your deposits utilising money market securities.

With its intuitive auto-sweep feature, your idle cash from your Australian Webull trading account is automatically channelled into the designated foreign regulated Money Market Trust Fund(s) with the aim to help you receive an enhanced yield.

How the Process Works

By activating Cash Management, choosing currencies, and agreeing to our terms, you are confirming that you have read and fully understood our:

• Cash Management Service Agreement; and

• Cash Management Service Information Statement,

Cash Management AUD

1. We will start to sweep your uninvested AUD cash to the AUD Money Market Fund on the next business day.

2. Webull acquires the units of the AUD Money Market Fund directly from JP Morgan Asset Management. After the purchase is completed, the unit amount and the price will be displayed on your trading account via our App.

3. When you purchase Australian securities, the funds in the AUD Money Market Fund will be auto redeemed if you do not have sufficient cash to settle your trades. Conversely, after you sell Australian securities, any uninvested funds will be swept to the AUD Money Market Fund automatically.

4. The auto application and redemption are processed on a daily basis.

Cash Management USD

1. We will start to sweep your uninvested USD cash to the USD Money Market Fund on the next business day.

2. Webull acquires the units of the USD Money Market Fund directly from JP Morgan Asset Management. After the purchase is completed, the unit amount and the price will be displayed on your trading account via our App.

3. When you purchase US securities, the funds in the USD Money Market Fund will be auto redeemed if you do not have sufficient cash to settle your trades. Conversely, after you sell US securities, any uninvested funds will be swept to the USD Money Market Fund automatically.

4. The auto application and redemption are processed on a daily basis.

The information of JPMorgan Liquidity Fund(s)

1Please select Luxembourg site upon being prompted.

You must make sure you understand the risks before you opt in to the Cash Management Service.

Please refer to our Cash Management Service Agreement and Information Statement.

https://www.webull.com.au/agreements

Who is eligible?

To be eligible for the Cash Management Service, you will need to have an individual or joint trading account opened successfully with the Australian entity of Webull, opt in to this product and read and fully understand our Cash Management Service Agreement along with the Information Statement then attest to this accordingly on our App.

Is Webull Regulated in Australia?

Webull Securities is regulated by the Australian Securities and Investments Commission (‘ASIC’). We hold an Australian Financial Services Licence (AFSL Number 536980) provided to us by ASIC to operate in Australia, In addition, Webull Securities is a Trading Participant of the Australian Securities Exchange (‘ASX’) and Cboe Australia Pty Ltd (‘Cboe’).