CDexplorer is CleverAlpha’s national marketplace for FDIC-insured certificates of deposit. Compare rates from banks across the country, holding all your CDs in a single SIPC-insured brokerage account with a single annual 1099, zero advisory fee drag, and instant reinvestment.
The Execution Pipeline
CDexplorer connects you directly to primary new-issue brokered CDs originating from Wall Street underwriting desks down to your retail account.
Create your CleverAlpha Securities brokerage account online in minutes. Fully digital onboarding with zero paperwork, no physical branch visits, and zero minimum opening fees.
Search hundreds of new-issue CDs across bank charters, maturities (3 months to 10+ years), call protection, and yields — updated in real time directly from primary underwriting desks.
Submit your Indication of Interest (IOI). Our automated AI Trader routes the block ticket to the street desk, confirms your fill at 100.00 par, and schedules DTC settlement seamlessly.
Institutional Advantages
Traditional banking forces you to open new accounts at different banks to stay under the $250k FDIC limit. Brokered CDs eliminate the hassle completely.
Hold 50 CDs from 50 different banks across the country in one single brokerage account. At tax time, receive one clean Form 1099-INT instead of chasing dozens of envelopes.
Because FDIC insurance applies per depositor per bank charter, you can safely deploy $1M, $5M, or $10M across distinct issuing institutions with 100% principal insurance coverage.
Need cash before maturity? Unlike branch CDs that slap you with punitive early withdrawal penalties, brokered CDs can be traded in the secondary market at prevailing market prices.
When a branch CD matures, money sits idle in a 0.05% checking account while you shop for a new bank and wire funds. On CDexplorer, your principal settles directly back into your cash balance, ready to lock into the next top-yielding rung with a single click.
Financial Engineering
Model your fixed income allocations before placing an order.
Spread capital across 3, 6, 12, and 24-month maturities. Optimize your blended APY while ensuring liquidity continuously rolls into your account every quarter.
Build Ladder in Market →Input your target investment horizon and liquidity needs. The optimizer models the current U.S. Treasury curve against available bank spreads to suggest peak allocation.
Run Optimizer in Market →Diversify across FDIC-insured CDs, short-term Treasuries, and investment-grade corporate notes based on your risk tolerance and tax jurisdiction.
Explore Allocator in Market →This marketplace is under active deployment.
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