CanDeal and TradeWeb celebrate major milestone

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. 

"CanDeal remains firmly committed to delivering extraordinary value to its client base," said Jayson Horner, President and CEO, CanDeal.   He added, "We believe that in order for the Canadian marketplace and its participants to remain globally competitive, a strong electronic trading and straight through processing infrastructure must exist in this country. Markets are increasingly being defined by their integrity and the immediacy of access to liquidity they can provide. It is a clear preference of globally invested clients to participate in markets that offer a high degree of efficiency and certainty."

About CanDeal
CanDeal is Canada's leading multi-dealer-to-institutional investor online debt securities trading network (www.candeal.ca). CanDeal's world class platform, powered by TradeWeb, provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network links to 14 trading desks and delivers the market making power of seven of the world's largest investment dealers.

The CanDeal electronic marketplace is open and available to all institutional investors and investment dealers across Canada. In addition to straight-through processing, online trade allocations, real time trade blotters and confirmations, the system also provides its users with superior compliance and audit functionality. CanDeal also provides a real time market data price feed for fixed income securities.

About Thomson TradeWeb
TradeWeb is the leading online fixed-income trading network with over 8 million trades executed and total volume surpassing $95 trillion since its inception in 1998. TradeWeb’s multi-dealer auction model links the trading desks of 36 of the world’s leading fixed-income dealers with more than 2,000 buy-side institutions in North America, Europe and Asia.

The business is also the leading electronic “straight-through processing” network for the fixed-income markets, providing dealers and buy-side institutions with paperless trade allocations and confirmations on its fully integrated TradeXpress network.  TradeWeb’s STP network also includes AccountNet, the leading standard settlement instructions database and derivatives counterparty management tool.

Thomson TradeWeb operates within the Thomson Financial group of businesses.  TradeWeb LLC is a member of the NASD.  TradeWeb Europe Limited is regulated by the U.K. Financial Services Authority.

About Thomson Financial
Thomson Financial is a US$1.73 billion provider of information and technology solutions to the worldwide financial community.  Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results.  Thomson Financial is part of The Thomson Corporation
(www.thomson.com), a global leader in providing integrated information solutions to more than 20 million business and professional customers in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and healthcare.  With revenues of US$8.10 billion, The Thomson Corporation lists its common shares on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).