How to buy and sell fixed income certificates of deposit (CDs).

How to buy and sell brokered CDs

This video demonstrates how to buy and sell fixed income certificates of deposit (CDs). Learn how to search and filter on criteria to find the CD you want to buy or sell, then select your account and place your order.

1. Sign in to your account on a computer
2. Choose “Trade”, then “Fixed Income”
3. FAQs and helpful definitions are available if you have questions
4. To find CDs, search by CUSIP number or issuer, or choose an asset type, like a “CD”
5. Set filters like maturity date, or filter by primary offering; choose “See results”
6. You can sort by maturity date, yield to worst, coupon and more
7. Choose “Trade” to buy or sell, or pick a security for more information
8. You’ll find details about the CD, including the call schedule
9. Choose “Trade” to proceed, then choose an account
10. Choose “Buy” or “Sell” and put in a quantity, then choose “Get price” (note the minimum quantity and increment)
11. Review the estimated order value, then choose “Preview”
12. Review the order details and choose “Place order”; fixed income orders are fill or kill, which means they fill completely or are canceled and cannot be modified once placed