Sales & Trading
Baird has a seasoned sales, trading and analytical platform delivering precise trade execution, timely analysis and unique ideas. Our team specializes in corporate credit (high-yield/distressed and investment grade), government and agency, municipal, and securitized products.
Corporate Credit
High-Yield/Distressed
- 25+ professionals joining since 2013
- Operating a unique “riskless principal execution” model that fulfills agent-only buy and sell orders rather than taking on positions
- Model allows us to prioritize clients over inventory
Investment Grade
- Trading coverage of all investment grade sectors
- Complementary industry-recognized research from Baird Equity research and Strategas
- Providing liquidity to facilitate client transactions
Government and Agencies
- Authorized to underwrite all major agencies
- A strategy and analysis team providing customized portfolio review and regular commentary
Municipals
- Ranked the #1 municipal underwriter nationally collectively since 2009 based on number of competitive and negotiated issues combined.
- Over the past five years, effectively priced and placed approximately 1,000 issues on average for municipal issuers with institutional and retail investors nationwide1
- Municipal analysts providing customized portfolio review and regular commentary
- Long-standing history of commitment capital
- Complemented by a national public finance team that has diverse sector expertise and serves issuers across the country
- Learn more about our Public Finance capabilities
Securitized Products
- A strategy and portfolio analytics team providing customized portfolio review and regular market commentary
- Filling the liquidity void, efficiently deploying capital in the securitized products sector
- Industry-recognized traders joining Baird since 2017, enhancing Baird’s expertise and capabilities across products
- Products include: Asset-Backed Securities, Commercial Mortgage-Backed Securities, Residential Mortgage-Backed Securities, Collateralized Loan & Debt Obligations, Enhanced Equipment Trust Certificates, Whole Loan & Financing, Agency Pass-Throughs - Specified Pools, Agency CMOs & Derivatives, Agency Commercial Mortgage-Backed Securities
The Baird Difference
Why are more and more institutions turning to Baird Fixed Income Capital Markets? Because we built our business around the services and expertise you need most:
- Objective, high-quality bond research and ideas that are tailored to your unique needs
- A comprehensive platform covering all major fixed income products
- Specialized services like loan evaluation and securitized product analysis that are hard to find anywhere else
Most of all, institutions turn to Baird because we pride ourselves on doing business the right way – with transparency, partnership and a genuine interest in seeing you succeed. That’s how Baird has been doing fixed income business for more than 100 years.
The best thing I've learned at Baird is the integration of teamwork - striving to all row in the right direction and get the best execution for our clients. And because we have great teamwork, we achieve great things as a group and a company.
Bryan Derdenger, Managing Director, Municipal Underwriter
Build Your Career
Baird’s Fixed Income Capital Markets department comprised of Sales & Trading and Public Finance are core businesses within the firm. With offices coast to coast, we are focused on expanding our product expertise, services and reach throughout the country. But careers are really about people: Our clients and our associates. We ensure success by taking good care of both.
Explore Your Opportunities