News & Press Releases
- Oct26 Press ReleaseCanDeal and TradeWeb celebrate major milestone - October 26, 2005
Toronto, Ontario (OCTOBER 26, 2005) – CanDeal, Canada's leader in multidealer to client online debt securities trading, and Thomson TradeWeb are pleased to announce that on October 13th, a Canadian institutional investor initiated electronic trading for non-Canadian securities in Canada, when it executed a U.S. Treasury trade over TradeWeb.
This major milestone was the result of the strategic alliance between CanDeal and TradeWeb that began this past June. A key benefit of this alliance for Canadian institutional investors is the expanded online access to international securities including U.S Treasury bonds, U.S. Agencies, TBA-MBS, Corporate bonds, Interest-rate swaps, U.S. Repo, European government bonds and U.S. Commercial paper.
- 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.