News & Press Releases
- Aug18 Press ReleaseNew milestone for CanDeal - August 18, 2004
Aggregate Dollar Value of Trading Exceeds $100 billion
August 18, 2004 (TORONTO) – Today, CanDeal.ca announced that the volume traded in debt securities by Institutional Investors on CanDeal’s trading network has surpassed $100 billion. This marks a milestone in CanDeal’s brief history of providing institutional investors and dealers with online debt trading and market data tools to compliment their traditional market activities.
- Feb11 Press ReleaseTSX Datalinx distributing CanDeal data through Thomson Financial - February 11, 2004
Agreement sees information to go on Thomson ONE terminals further access and visibility for debt market transparency in Canada
FEBRUARY 11, 2004 (TORONTO) – TSX Datalinx has signed an agreement with Thomson Financial to distribute CanDeal’s real-time market data to traders and investors across Canada and around the Globe. Under the terms of the agreement, Thomson will provide CanDeal pricing to Thomson ONE Yield users globally, and will make the data available to all retail users of Thomson ONE in Canada. Thomson Financial, a leading provider of information technology solutions to the global financial community, is an operating unit of the Thomson Corporation (TSX: TOC, NYSE: TOC). Thomson ONE is a flexible, open application framework that dynamically integrates data and applications from Thomson, proprietary and third party sources to a single user interface.
- Sep09 Press ReleaseCanDeal to launch online Provincial bond trading market - September 09, 2003
New Provincial bond market will be the first trading product to include co-mingled prices from 6 of Canada’s major dealers
SEPTEMBER 9, 2003 (TORONTO) - CanDeal, Canada’s leading on-line institutional multi-dealer to client debt securities trading system announced today that in response to strong customer demand it is adding Provincial Bond issues to its proprietary trading network.
“A great many of our existing customers have requested the ability to utilize our proprietary and proven trading model to obtain firm markets from multiple dealers simultaneously on both “outright” [single security] Provincial bond trades and “basis” [yield spread] trades between Canada’s and Provincials or between two Provincial bonds,” said Jayson Horner, President and CEO of CanDeal.ca Inc.
- Aug19 Press ReleaseCanDeal announces straight through processing (STP) breakthrough - August 19, 2003
‘DEALXPRESS’ OFFERS SEAMLESS FIXED INCOME STP SOLUTION
Toronto – August 19, 2003 – CanDeal.ca Inc., Canada’s leading on-line institutional multi-dealer to client debt securities trading system, today announced an important breakthrough for the Canadian Capital Markets industry mission to achieve straight-through-processing (STP). CanDeal is pleased to announce the launch of DealXpress™ Version 1.0, a new trade processing solution that can electronically pass matched trades completed on CanDeal through to a client’s portfolio management system.
- Mar11 Press ReleaseCanDeal lists Canada Housing Trust CMBs - March 11, 2003
MARCH 11, 2003 (TORONTO) – Today, CanDeal.ca, Inc. has added Canada Mortgage Bonds (CMBs) to its electronic fixed income trading platform. CMBs are issued by the Canada Housing Trust, a special purpose trust created to issue the bonds. Canada Mortgage and Housing Corporation (CMHC) acts as the Financial Services Advisor to the Trust. The bonds are guaranteed by the Government of Canada through CMHC. The aggregate par value of the four issues outstanding is $17.9 billion. Using the CanDeal system, institutional investors can see real-time bid and ask prices for each CMB issue, sourced from Canada’s six major investment dealers, and then trade them on-line in the secondary market using CanDeal’s Request for Quote (RFQ) trading protocol.