help. A simple guide to trade canadian treasury bills interactive broker??

Hey all

I barely figured out how to trade US treasury bills on IB.

How do trade canadian treasury bills ? As simple as possible please. Especially the name of the acutal bills...they are so unintuitive lol.

THANK YOU

 

If you are looking to trade them and not to hold them to maturity, the futures market is the place.

 

thanks. But I'm with interbrokers - not sure what you mean by futures.

 

IB has a futures trading platform, and Bonds and T-Bills are traded as full and mini contracts. IB should have a fixed-income research place where you could buy corporate and government and treasury bills or muni bonds. Avoid futures if not experienced!

 

thanks. Yes i just want to buy 1 or 2 month out cnd bills nothing messy.

 

Sorry I do not use IB and their software (and lack of customer care) drive me insane; possible that TWS is not the pace but their webpage is for this action. https://www.interactivebrokers.com/en/trading/products-bonds.php

 

Is not about any mess, you will be required to answer a few questions about your experience before they let you trade with futures. You have to sign up for a subscription to the futures market that you are planning to trade.

Normally t-bills are traded by futures, so will have to get used to that market.

You could always ask the Canadian authority to purchase bonds, but that is a very old fashion way of doing it. I am not even sure if that is still available these days.

 

But is there even a Canadian T-note future? I would not trade futures unless paper traded for a while!

 

You are right , first try a paper account.
I am not familiar with the Canadian market but I can imagine that the natural way should be through futures.
At least it is the way in any other country.
Since OP is asking for help it must be a bit difficult to find the way.