Trading Bonds: How are Bonds Traded?
Trading bonds is an important aspect of global economic markets. Bonds generally can trade anywhere in the world that a buyer and seller can strike a deal. There is no central place or exchange for bond trading, as there is for publicly traded stocks. The bond market is known as an "over-the-counter" market, rather than an exchange market. However, bond futures, and some types of bond options, are traded on exchanges.