Asset Classes

Free investment financial education

Language

Multilingual content from IBKR

Close Navigation
Learn more about IBKR accounts

Hybrid Instrument

Trading Term

A financial instrument with the properties of an equity and debt security. Hybrid Instruments can have one or more kinds of payments indexed to the value, level, or rate of an underlying asset. For example, a convertible bond has the features of a fixed-income security, but is also influenced by the market movement of the stock into which the bond is convertible.

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.