Insight

  • Jan28 Infographic
    How did participants leverage CanDeal in 2013? - January 28, 2014

    $2.3 trillion was traded on CanDeal in 2013, but what did that really mean? The Canadian fixed income market continues its trend towards electronicfication. We are pleased to report that trading was up 32% on an annual basis, helping make 2013 yet another record breaking year for CanDeal.

    Similar to last year, we have created a visual snapshot of some of the key statistics that are of interest to our participants. Our 2013 CanDeal Year in Review infographic provides a holistic view of our electronic trading business.

    To read more, click on the document below:
    PDF icon 2013-CanDealInfographicRecap.pdf
  • Nov27 Intelligence
    Quarterly Insight | Q3-2013 - November 27, 2013

    During the quarter, 452 buy-side participants were active on CanDeal. Participants executed a total of 60,404 trades and $571 billion in trade volume in Q3. We are also pleased to announce our 1 millionth trade was executed during the month of September. Below is an overview of our business highlights from Q3-2013.

    • Largest Q/Q volume increases by product: Promissory Notes up 21%, Provincial T-bills up 19% & Provincial bonds up 12%
    • CanDeal Excel launched, providing participants with a trusted source for insight into the Canadian market
    • Greenwich Associates publish annual fixed income study
    To read more, click on the document below:
    PDF icon CanDealQuarterlyInsight-Q3-13.pdf
  • Nov22 Intelligence
    OTC Intelligence | Market Agreed Coupon (MAC) Contract - November 22, 2013
    On April 24, 2013, the International Swaps and Derivatives Association (ISDA) issued a release announcing the publication of a form of confirmation for a Market Agreed Coupon (MAC) contract. The MAC Contract is voluntary and is meant to compliment bespoke interest rate swaps (IRS) and deliverable interest rate futures. The intent of the new MAC swaps are to help improve liquidity to interest rate swap products as they become more accessible to investors, and also serve to enhance market transparency.
     
    To read more, click on the document below:
    PDF icon OTCIntelligence-22November2013-MAC.pdf
  • Nov18 Intelligence
    OTC Intelligence | Canadian Regulators Publish New Derivatives Rules - November 18, 2013

    On November 14, the Ontario Securities Commission (OSC), the Autorité des marchés financiers (AMF) and the Manitoba Securities Commission (MSC) published harmonized province-specific rules for OTC derivatives regulation, specifically identifying the derivatives in question, central clearing and trade reporting.

    To read more, click on the document below:
    PDF icon OTCIntelligence-18November2013-CanadianRules.pdf
  • Oct04 Intelligence
    OTC Intelligence | SEF & Central Clearing Update - October 04, 2013

    CFTC Approval Paves the Way for Regulated Electronic Swap Trading
    On September 6, 2013, CanDeal’s global Canadian dollar interest rate swap partner, Tradeweb Markets, announced it has received temporary registration approval for its swap execution facilities (SEFs) from the Commodity Futures Trading Commission (CFTC) - compliance deadline for SEFs was October 2, 2013.

    Electronic Trades Feed Central Clearing
    The existing electronic IRS infrastructure facilitates end-to-end electronic execution and clearing. Buy- and sell-side participants who leverage the technology already have their post-trade message information being sent directly to central clearing houses.

    To read more, click on the document below:
    PDF icon OTCIntelligence-04October2013.pdf

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