Orders for Bonds and CDs can be placed through the Firstrade website.
Note: Fixed Income trading is not available on the Mobile App at this time.
Buying Bonds or CDs
Log in to your Firstrade account.
Under the Trading tab, select Fixed Income.
Hover the mouse pointer over the Buy/Search button and choose the type of security from the dropdown menu.
4. Enter your search criteria to narrow down results.
5. Select Preview to review your order before submitting.
Important: Bond and CD prices are quoted as a percentage of par value.
For example:
A $1,000 bond priced at 100.363 will cost $1,003.63.
Selling Bonds or CDs
Log in to your Firstrade account.
Under the Trading tab, select Fixed Income.
Click Sell/Request Bid.
Enter:
Number of Bonds (enter the number of bonds as the count per $1,000 units. For example, $10,000 of face value will be entered as 10 bonds.).
CUSIP.
Expiration date and time for the order.
Click Preview, then Submit.
6. After submission, view your order under Fixed Income > Order Status.
a. The system will locate the best bid price.
b. You’ll have the option to Accept or Reject the bid.
How do I view details of my bond or CD order?
Go to Trading > Fixed Income.
Click Order Status in the menu bar.
Select Order History (lower right side of the screen).
4. Enter the date range for your purchase and click Search.
Your results will appear below the search window.