News & Press Releases
- Sep06 Press ReleaseCasgrain & Company Limited joins CanDeal's group of premier liquidity providers - September 06, 2005
Montreal, Quebec; Toronto, Ontario (September 6, 2005) – CanDeal, Canada's leader in multi-dealer to institutional investor online debt securities trading is pleased to announce that Casgrain and Company Limited has agreed to a multi-year commitment to join its trading network.
Jayson Horner, President and CEO of CanDeal, said, "I am very excited to welcome Casgrain, another first class financial services organization, to the CanDeal network. Clearly, this demonstrates the value that CanDeal has created for investment dealers as an effective means of serving client needs and growing their business.”
Mr. Horner added that Casgrain is a welcome addition to CanDeal's leading dealer group. He noted that other dealers in the network include National Bank Financial, RBC Capital Markets, TD Securities, Scotia Capital, HSBC Securities, CIBC World Markets and BMO Nesbitt Burns.
- Jun02 Press ReleaseCanDeal and Thomson Tradeweb join forces to deliver online fixed income markets for institutional investors in Canada - June 02, 2005
CanDeal to Adopt TradeWeb Technology; CanDeal and TradeWeb to Offer Access to US and European Markets to Canadian Institutional Investors and Dealers
TORONTO/JERSEY CITY (June 2, 2005) – CanDeal, the leading multi-dealer-to- institutional investor online debt securities trading platform in Canada, and Thomson TradeWeb, a unit of the Thomson Corporation (NYSE: TOC; TOR: TOC) announced today a long-term technology and co-marketing agreement. Under the terms of the agreement, TradeWeb will supply CanDeal with its leading, world class trading network and straight-through trade processing solutions to significantly enhance the domestic trading services offered by CanDeal to Canadian institutional investors and investment dealers.
- Feb15 Press ReleaseHSBC Bank Canada and HSBC Securities (Canada) Inc. join CanDeal's group of premier liquidity providers - February 15, 2005
Toronto, Ontario (February 15, 2005) – CanDeal, Canada's leader in multidealer to client online debt securities trading is pleased to announce that HSBC Bank Canada and HSBC Securities (Canada) Inc. have agreed to a multi-year commitment to join its trading network.
HSBC is a welcome addition to CanDeal's dealer group. Other dealers in the network include TD Securities, ScotiaCapital, RBC Capital Markets, National Bank Financial, CIBC World Markets and BMO Nesbitt Burns.
- Dec01 Press ReleaseCanDeal deals $10 billion month - December 01, 2004
December 1, 2004 (TORONTO) – CanDeal, Canada’s leader in online debt securities trading, today announced that it achieved record trading volume for the month of November. Over $10 Billion in debt securities were traded on the CanDeal network, up 43% from the same period last year. Over $130 Billion in fixed income securities have been traded by Institutional Investors on the platform. In November, bond trading accounted for 70% of total trading while money market securities made up the remainder.
- Oct19 Press ReleaseCanDeal deals a $1 billion day - October 19, 2004
OCTOBER 19, 2004 (TORONTO) – CanDeal, Canada’s leader in online debt securities trading, announced that its single day trading volume surpassed the $1 Billion mark, based on the par value of debt securities traded, as measured by one side of a transaction. This marks yet another 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.
“Achieving a billion dollar day is a noteworthy accomplishment,” said Jayson Horner, President and CEO of CanDeal. “Increased daily volumes and an expanding list of Institutional Investors participating on our network clearly demonstrate that over the past year electronic trading is becoming part of the day to day workflow of the Institutional professional.”