No. of Recommendations: 0 any one given moment, if you did a scan, who has the most available possible offerings given the parameters of your scan?


Depending on whether it's agencies, munis, or corporates you're looking for, either E*Trade or Zions Direct can be equivalent in terms of the inventory they offer, and both offer far more inventory, more easily accessed by small accounts and then acted upon, than any broker I'm aware of. Where you will see differences between the offering-lists of the two is in tiny lots held in-house. But if either is simply acting as agent, rather than principal, then both are quoting from the same network of underlying desks (which any other broker should be able to make available to its customers, but for reasons unknown to me, don't).

If you're a "whale", or merely buy your bonds in larger sizes, then there are plenty of bond boutiques with Bloomies that could put you into more inventory than ET or ZD. But for 99% of bond investors, ET or ZD is the place they should be.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.