Can I trade Convertible Bond here?
Summary of User’s Inquiry and Solutions:
- The main problem reported by the user, jito, is whether they can trade convertible bonds at Fidelity, rather than just convertible bond ETFs, and how to obtain CUSIPs for those bonds.
- Fidelity representatives confirmed that users can trade convertible bonds and suggested that clients typically find CUSIPs through their own research.
- For specific CUSIPs, users can call Fidelity’s Fixed Income team for assistance.
- To obtain CUSIPs, users can search for bonds on Fidelity.com, click on the bond of interest to access the “Bond Overview” page, where the CUSIP is provided.
- For international clients, it is recommended to contact Fidelity International directly to confirm trading capabilities for U.S. convertible bonds.
Here’s the full thread
Can I trade Convertible Bond here?
Hi, @jito.
Yes, you can at Fidelity. Keep in mind that at this time we do not offer specific criteria to search for convertible bonds. Typically, clients find the CUSIPs based on their own research, plug in the CUSIP in our Fixed Income “search” bar, and then trade it on our platform. You can quickly search through various fixed income securities through our research page below:
Find Bonds & CDs: https://fixedincome.fidelity.com/ftgw/fi/FILanding
If, for any reason, you’re unable to trade a specific CUSIP, give our Fixed Income team a call, and they’d be happy to help.
Contact Us: https://www.fidelity.com/customer-service/contact-us
If you have any additional questions that we can assist with, let us know! 🟢
I want to confirm, can I really trade convertible bonds here, not just convertible bond ETFs?
How do I exchange convertible bonds for stocks?
Thanks for following up, @jito.
If you’re interested in a specific CUSIP, please use the above contact link to reach out to our Fixed Income team Monday through Friday between 8:00 a.m. and 5 p.m. ET.
In the meantime, we’re here should other questions arise. 🟢
I would like to know how to obtain CUSIPs for convertible bonds
Hello, @jito. When you search for bonds on Fidelity.com and filter the list, click on the particular bond of interest to open the “Bond Overview” page. You can find the CUSIP there. 🟢
Hello, I am a foreigner, but I have a US company. Can I open an account through the company?
Hi, @jito. We appreciate your interest in Fidelity.
To open a retail account with Fidelity Investments, you must reside within the United States. Residency, not citizenship, is the primary consideration for whether an account can be opened with us. That said, depending on your country of residency, you may be able to work with Fidelity International, which you can learn more about below.
Fidelity International: https://www.fidelityinternational.com/global/default.page
Please let us know if you have additional questions. We’re always happy to help! 🟢
Can Fidelity International users trade U.S. convertible bonds?
Thanks for your question, @jito.
To confirm whether Fidelity International clients can trade U.S. convertible bonds, we recommend contacting Fidelity International directly.
Fidelity International: https://www.fidelityinternational.com
In the meantime, we’re here if more quesitons come up. Thanks for being part of our community! 🟢