News & Press Releases
- Nov04 Press ReleaseSix leading dealers demonstrate commitment to CanDeal - November 04, 2014
MONTREAL/TORONTO, November 4, 2014 – CanDeal is pleased to announce that effective November 1st, 2014 its original six founding bank dealers have renewed their liquidity commitment to CanDeal’s marketplace.
The six bank dealers include: BMO Capital Markets, CIBC World Markets Inc., National Bank Financial, RBC Capital Markets, Scotiabank and TD Securities.
A total of twelve liquidity providers, including all of the Bank of Canada’s Primary Dealers, extend their market making, on CanDeal, to more than 750 global buy-side participants.
- Oct14 Press ReleaseCasgrain & Company Ltd. signs a multi-year contract extension to provide liquidity on CanDeal’s electronic marketplace - October 14, 2014
MONTREAL/TORONTO, October 14, 2014 – CanDeal, the leading institutional electronic marketplace for Canadian bond, money market and derivatives trading, is pleased to announce that Casgrain & Company Ltd. has signed a multi-year contract renewal to continue to provide liquidity on its platform.
Casgrain & Company Ltd. has been a liquidity provider on CanDeal’s marketplace since 2005. As Canada’s largest independent employee-owned institutional income investment dealer, Casgrain has taken a leadership role in the evolution of electronic trading. “CanDeal allows us to efficiently serve our growing global client base, while providing new and innovative ideas that are tailored to the needs of those involved in the Canadian dollar fixed income market," said Guy Casgrain, President from Casgrain & Company Ltd.
- Oct08 Press ReleaseCanDeal participants set new monthly volume record in September - October 08, 2014
MONTREAL/TORONTO, October 8, 2014 - CanDeal is pleased to report that a new monthly volume record of $232 Billion was set during the month of September. Trade volumes for bonds and interest rate swaps surpassed their previous monthly volume records set earlier in 2014. When compared to previous monthly volume records, bond volumes were up 5%, while Interest Rate Swap volumes were up more than two and a half times.
“First and foremost, the team at CanDeal would like to thank our buy- and sell-side participants, ” said Jayson Horner, Co-Founder, President and CEO of CanDeal. “The input and support from our participants is key to ensuring that we create solutions that are uniquely tailored for Canadian bond, derivatives and money markets. As a result, we are excited about our new suite of functionality that will be introduced shortly.”
- Aug06 Press ReleaseCanPX and CanDeal partner to Strengthen Transparency in Canadian Corporate Debt Market - August 06, 2014
Toronto, August 6 2014 – CanPX and CanDeal announced today that CanDeal will begin displaying CanPX trade price information for all the 336 CanPX designated Canadian corporate bonds via its public website (www.candeal.com/bond-quotes). CanDeal further displays composite bid-offer pricing for Canadian corporate bonds, sourced directly from its dealer network.
In addition to Canadian corporate bonds, visitors may also access through the CanDeal website price information for Canadian government bonds and treasury bills, Canadian housing trust (CMB) bonds and provincial bonds.
- Jun18 Press ReleaseCanadian Electronic Fixed Income & Derivatives Volumes Surpass $10 Trillion on CanDeal - June 18, 2014
MONTREAL, Quebec & TORONTO, Ontario (June 18, 2014) – CanDeal, the leading institutional electronic marketplace for Canadian bond, money market and derivatives trading, is pleased to announce that aggregate trade volume on its marketplace surpassed $10 Trillion on May 15th, 2014.
Since inception, CanDeal’s mandate has been to provide tailored solutions that promote the competitive position of Canada’s capital markets on the global stage. “Our core business values have not wavered from day one,” said Jayson Horner, Co-Founder, President and CEO of CanDeal. “Market participants look to us to deliver comprehensive, reliable and secure solutions to improve their workflow, oversight and insight. This milestone is further evidence we are delivering on our mandate.”