How Do I Trade Bonds?

IB provides support for customers to trade Corporate, Municipal and Treasury bonds on multiple destinations from within TWS, with electronic access to multiple bond destinations via our SmartRouting technology. It's important to note that you must upgrade your trading permissions to include Fixed Income and subscribe to US Bond Data before you will be able to trade any bond instruments, and subscribe to Moody's Ratings to trade municipal bonds.

Choose a Section Below

Trading Permissions

Log into Account Management to subscribe to bond & market data

To trade bonds, you first need to log into Account Management and use the Trade > Configuration menu to upgrade your Trading Permissions to include Fixed Income. To get bond data, you need to upgrade your Market Data Subscriptions to include US Bond Real-Time Data and Moody's Ratings.

Corporate Bonds

Trade US corporate bonds and submit Requests for Quotes

IB's electronic trading platform aggregates bond liquidity from the top four bonds ATS's giving IB customers access to multiple sources of liquidity. For clients who have specific needs, our bond desk can source specific issues.

Use our Corporate Bonds scanner to find bonds with the highest yield, best ratings or whatever bond criteria you require. Create orders from the trading window with a single click, and submit RFQs using the right-click menu from a data line.

Watch Movie TWS US Corporate Bond Scanner - Overview

Municipal Bonds

US Municipal bonds with RFQs and comparable bonds list

To ensure fair pricing relative to prevailing market conditions, TWS automatically displays a list of comparable bonds for comparison, along with a quick-click RFQ button to easily place a request for quote on any bond.

Treasury Bonds

Fixed Income securities instruments backed by the US Treasury

Treasuries are a highly liquid fixed income instrument with transparent pricing. While their yield-to-maturity may be lower than other bonds, their relatively low risk may make these instruments a stable addition to your portfolio.

Any symbols displayed are for illustrative purposes only and do not portray a recommendation.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.

Know Your Advisor: View the CIRO AdvisorReport