Do CDs bought thru a broker allow you to margin the CD amount?

Discussion in 'Trading' started by David Donner, Jun 2, 2023.

  1. Do CDs bought thru a broker allow you to margin the CD amount?
    Or does it lock up your money for the duration of the CD?
    Or, is it broker specific?
     
  2. ZBZB

    ZBZB

    Buy a treasury bill etf if you want margin
     
  3. I am aware of TBills having the margin, what about CDs that are sold thru a brokerage?
     
  4. ZBZB

    ZBZB

    The interest rate on tbills is higher than a Cd.
     

  5. Understood.

    Do CDs bought thru a broker allow you to margin the CD amount?
    Or does it lock up your money for the duration of the CD?
    Or, is it broker specific?
     
  6. ph1l

    ph1l

    I don't know if this applies to all brokers, but Fidelity says no.
    https://www.fidelity.com/trading/faqs-margin
     
  7. elite1974

    elite1974

    CDs are not marginable.
    treasuries less than 1-year 99% marginable