Online retail brokerage
Investors will be able to buy and sell both investment-grade and high-yield bonds denominated in US dollars, according to a company statement obtained by Bloomberg. The company is selling the bonds with a commission of 0.1 percentage point, with a $10 minimum fee, it said in the statement.
The platform already allows users to trade US Treasuries and plans to expand its corporate-bond offerings to other regions in the future.
“The growth of retail in the credit side is just at the very beginning stages,” Webull’s ...