A Cash Management Account or CMA refers to a type of account offered by brokerage companies and other financial institutions.
This type of account combines a brokerage account with a checking account. For example, a Cash Management Account will often allow a customer to buy and sell stocks, options, bonds and commodities, while at the same time allowing them to earn money market interest on cash balances.
In addition, the Cash Management Account acts as a checking account by allowing the account holder to write checks against cash balances.
Cash Management Account
Create a Cash Management Account in the futures market, move cash from your cash balances on a daily basis or whenever needed, increase your cash flow and liquidity
Short Term Investment Needs
The Cash Management Account ® (CMA account) offers convenience and flexibility of cash management with an investment account. You can manage your everyday financial needs while supporting your short term investment goals all in a single account.