News & Press Releases
- Aug20 Press ReleaseCanDeal announces record Canadian Money Market volumes - August 20, 2008
TD Securities, Scotia Capital and CIBC World Markets Lead the Way
TORONTO, Ontario (August 20, 2008) – CanDeal, the leading global online marketplace for Canadian debt securities is pleased to announce a new record week on its Canadian Money Market (CAMM) platform. During the week of August 11, 2008 Canadian and Offshore CAMM institutional clients executed over 250 trades, representing nearly $3 Billion of traded volume.
- Feb05 Press ReleaseCanDeal introduces new client viewer - February 05, 2008
TORONTO, Ontario (February 5, 2008) - CanDeal, the leading global online marketplace for Canadian dollar debt securities, is pleased to announce that it has released its New Client Viewer; to enhance the User’s experience and ability to create a personalized and more efficient dealing environment.
The new CanDeal Client Viewer maintains all of the functionality of previous versions and it incorporates a new look and feel. Many new features have been embedded into the new viewer. The most innovative additions include Personal Monitor (PMON) and “myBESTX”. PMON allows users to create multiple custom monitors to track and trade securities that matter most, to them. CanDeal’s “myBESTX” provides a real-time, quantified measure of the value created by the CanDeal Request for Quote auction process. This value-added feature allows users to track their daily, monthly, quarterly and yearly “BestX”.
- Jan15 Press ReleaseLaurentian Bank Securities joins CanDeal’s Money Market platform - January 15, 2008
Montreal Quebec; Toronto Ontario (January 15, 2008) – CanDeal, the leading online marketplace for Canadian dollar debt securities, is pleased to announce that Laurentian Bank Securities (LBS) has joined CanDeal’s Canadian Money Market (CAMM) market as a contributing dealer.
In 2006, Laurentian Bank Securities joined CanDeal as a liquidity provider for Government of Canada bonds, Canada Housing Trust - CMB’s and actively traded Provincial bonds. The addition of CAMM, allows LBS to continue on their commitment to meet the needs of new and existing clients by whatever manner they find most effective. “CanDeal provides us with an efficient, low risk dealing environment that complements our distribution strategy.” said Robert Sforza from LBS.
- Nov13 Press ReleaseCanDeal Money Market trading up over 200% - November 13, 2007
TORONTO, Ontario (November 13, 2007) – CanDeal is pleased to report a 218% increase in the number of trades executed on its Canadian Money Market (CAMM) trading platform in the second half of its fiscal year, ended October 31, 2007. “This rapid growth of trades is consistent with the U.S. and European experience and the widespread adoption of online trading in money markets, globally. All of the leading dealers in the Canadian money market participate on CanDeal”, says Shirley Gallant, Managing Director for CanDeal.
- Aug08 Press Release$1 trillion traded on CanDeal - August 08, 2007
TORONTO, Ontario (August 8, 2007) – A significant milestone in the history of CanDeal, Canada’s leading online marketplace for debt securities. CanDeal is pleased to announce One Trillion Dollars in traded volume since inception.
CanDeal continues to build considerable momentum. The dollar volume traded in the past eleven months has surpassed the aggregate volume of all previous years. “This is a significant milestone for CanDeal,” says Patrick O’Toole, VP of Fixed Income with CIBC Global Asset Management. “CanDeal offers effective solutions that deliver financial benefits and efficiency gains in a compliance conscious environment, which directly benefit our stakeholders.”