This course is designed to help traders and investors navigate and configure bond-related tools within the IBKR Trader Workstation (TWS) – whether new to the world of the fixed-income markets or an experienced professional. By the end of this course, you should learn how to search for, select, analyze, and make investment decisions about specific fixed-income products, including government, corporate, and municipal debt securities.
Overview of Fixed-Income Tools
Creating & Configuring Watchlists
Adding U.S. Treasuries to Watchlists
Adding U.S. Corporate Bonds to Watchlists
Using Fixed-Income Scanners (Part 1)
Using Fixed-Income Scanners (Part 2)
This lesson further explores the Global Bond Scanner by illustrating how to conduct searches for U.S. CDs, U.S. agency bonds, U.S. Treasuries, U.S. municipal bonds, and non-U.S. sovereign debt securities. The Advanced Market Scanner is also introduced, along with how the two scanning tools are interrelated.
The Bond Scanner Layout
IBKR’s Request for Quote (RFQ) for Bonds
Interactive Brokers allows clients to trade a variety of bonds and provides access to more than 40,000 corporate issues globally. Because we draw upon multiple vendors and electronic ATS venues, bond investors should achieve best price execution. Interactive Brokers neither marks-up its fixed income pricing nor artificially widens the price spread. Clients therefore have access to the best possible prices from a variety of vendors at a low commission.
Entering US Treasury Orders in TWS
IBKR clients worldwide are able to access the deep liquidity of the US Treasury securities market, including bills, notes and bonds. This lesson will explain how to enter orders to locate bills, notes and bonds, how to configure a bond-friendly workspace and how to buy, sell and sell short US Treasuries using Trader Workstation.