CanDeal introduces new client viewer

CanDeal introduces new client viewer

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”."CanDeal delivers a user-friendly dealing environment and their new viewer lets me customize my screens to meet my needs" said Richard Lévesque, Vice President, Money Market from Natcan Investment Management.CanDeal leads the industry in building and operating successful debt markets in Canada.  CanDeal’s trading protocols are proven effective at facilitating Best Execution objectives for: best price, timeliness, certainty, and total cost. CanDeal’s innovations have heightened industry practices in the Canadian debt markets for: price discovery; trading efficiency; compliance archiving; risk management; pre-trade price transparency; and automated post-trade processing. “Our new viewer incorporates many new features and functionality that our clients have been asking for.  We are continually working with participants, to improve the value we create, by responding to their needs.” said Jayson Horner, President and CEO of CanDeal.  “From the moment our clients log in, CanDeal provides superior value in critical aspects of their work cycle.”  About CanDealCanDeal is the leading global online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealer’s online access to liquidity in 17 debt and derivative marketplaces operated by TradeWeb in the United States, Europe and Asia.

CanDeal announces record Canadian Money Market volumes

CanDeal announces record Canadian Money Market volumes

TD Securities, Scotia Capital and CIBC World Markets Lead the WayTORONTO, 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.CanDeal’s marketplace delivers online efficiencies and enhances liquidity by providing a one-stop shop for money market investments. Institutional investors and treasury managers experience benefits through online access to a complete range of Canadian money market products (Banker Acceptances, Bank Deposit Notes, Commercial Paper, Crown Corporations, Provincial Bills). CanDeal consolidates offerings from Canada’s leading dealers in a single real-time and commingled display that allows users to locate, query and invest in products that best suit their needs; all in a matter of seconds.The continued growth of CAMM validates electronic money market trading, CanDeal’s mandate and the commitment of its participating dealers. TD Securities, Scotia Capital and CIBC World Markets lead the way on CAMM; increasing their distribution power and the strength of their client relationships by delivering new value.“We are extremely pleased with the rate at which CAMM is growing. On CAMM alone, we now see flows at a pace of over 1000 trades a month.” says Jayson Horner, Co-founder, President and CEO of CanDeal. “Moving forward, we will continue to focus on providing tools and services to help develop and strengthen electronic trading relationships.”CAMM pools the liquidity of nine leading dealers including: BMO Capital Markets, CIBC World Markets, Desjardins Securities, HSBC Canada, Laurentian Bank Securities, National Bank Financial, RBC Capital Markets, Scotia Capital and TD Securities.About CanDealCanDeal is the leading global online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealer’s online access to liquidity in 17 debt and derivative marketplaces operated by Tradeweb in the United States and Europe.

CanDeal trading soars through new milestones

CanDeal trading soars through new milestones

Over $1.6 Trillion TradedTORONTO, Ontario (September 3, 2008) – CanDeal continues to set new records for online trading of debt securities in Canada. Total aggregate volume traded on CanDeal’s online marketplace now exceeds $1.65 Trillion and two important milestones were reached this past month.Traded volume of CanDeal’s original product line-up, primarily Government of Canada bonds, Canada Mortgage and Provincial bonds is now in excess of $1.5 Trillion. CanDeal’s newer Canadian Money Market (CAMM) platform has broken through the $100 Billion barrier for traded volume.“Overall, we are very pleased with the growth we have experienced to date and there is more to come”, said Jayson Horner, Co-Founder, President and CEO of CanDeal. “Our global client base, trade count and volumes continue to grow and very soon we will be introducing more new products and functionality to our marketplace” he said. Horner added that he is “appreciative of the support from sell-side and buy-side participants.”About CanDealCanDeal is the leading online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealer’s online access to liquidity in 15 debt and derivative marketplaces operated by Tradeweb in the United States and Europe.

Participants set new volume record

Participants set new volume record

Weekly Traded Volume Hits New HighTORONTO, Ontario (September 23, 2008) – CanDeal, the leading online marketplace for Canadian debt securities, today announced a new record for weekly traded volumes and inquiries.  For the week ending September 19, 2008 CanDeal inquiries surpassed $22 Billion and traded volume was nearly $20 Billion. “Globally, markets are experiencing a time of significant turmoil and volatility. CanDeal's marketplace delivers certainty of execution, facilitates best practices and mitigates associated transaction risks in a manner that is simply unsurpassed” said Jayson Horner, Co-Founder, President and CEO of CanDeal. “All of us at CanDeal are conscious of the dicult time that market participants have been facing and we are hopeful that a sense of normalcy will return to global markets soon” said Horner.About CanDealCanDeal is the leading online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealer’s online access to liquidity in 15 debt and derivative marketplaces operated by Tradeweb in the United States and Europe.

Participants set four new volume records on CanDeal

Participants set four new volume records on CanDeal

MONTREAL, Quebec & TORONTO Ontario (October 1, 2008) – CanDeal, the leading online marketplace for Canadian dollar debt securities, is pleased to announce that four trading records were set in September 2008.This month’s highlights include:A record trade volume of $62,000,000,000A record number of trades (7,423) were executed in the monthAs previously announced, a new weekly volume record was set at nearly $20 Billion.Single day trade record of 568 trades"CanDeal's marketplace provides tremendous value for its participants and achieving new highs in these four areas is a clear validation that members of the CanDeal community have come to rely on its effectiveness", said Jayson Horner, Co-Founder, President and CEO of CanDeal. "Once again, we appreciate the support, guidance and trust that we have received from our dealers and buy-side clients" he said.About CanDealCanDeal is the leading online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealer’s online access to liquidity in 15 debt and derivative marketplaces operated by Tradeweb in the United States and Europe.

CanDeal and Charles River help Canadian firms address NI 24-101

CanDeal and Charles River help Canadian firms address NI 24-101

Integrated Solutions Create Seamless Trade Settlement to Meet Fiduciary GoalsMONTREAL, Quebec & TORONTO Ontario (January 22, 2009) - CanDeal, the leading online marketplace for Canadian debt securities, and Charles River Development, an award-winning provider of financial software and services to the global investment management community, are extending a strategic initiative that integrates the Charles River Investment Management System (Charles River IMS) and CanDeal marketplace to help Canadian buy-side firms address National Instrument 24-101 (NI 24-101) and other regulations by automating trade settlement.NI 24-101 was introduced in 2007 by the Canadian Securities Administrators as a framework for ensuring more efficient and timely settlement processing of trades.  According to Jayson Horner, Co-founder and CEO of CanDeal, the integration with Charles River IMS is consistent with the spirit of the regulation and reflects its objectives in market practice. “Current market conditions point to an industry need for improved governance and efficiency in all aspects of the investment management process. Risk management has emerged as the industry’s top priority.  Our complementary solutions help fiduciaries evolve their compliance processes and adopt the highest standards of practice available.”“We have a substantial Canadian client base of more than 20 buy-side firms and understand the unique requirements of this market,” says Tom Driscoll, Vice President, Sales and Marketing, Charles River Development. “Since the introduction of NI 24-101, the ability to facilitate same-day affirmation of trade results has been more important than ever for our Canadian clients. Charles River IMS automates the entire trade life cycle from portfolio management to settlement, helping clients gain efficiencies while reducing costly errors and failed trades.  The system’s integration with CanDeal meets our Canadian clients’ growing demand for enhanced trading tools and liquidity solutions to facilitate best execution.” Dale MacMaster, Director, Fixed Income at Alberta Investment Management Corporation says “the combination of these two market leaders into a single integrated solution has allowed AIMCo to exceed our fiduciary obligations to our clients.”The integration of Charles River IMS and CanDeal’s marketplace creates a seamless end-to-end trade and trade processing solution that places best practices at the forefront -- defining the dealing environment, moving compliance upstream, facilitating superior price discovery and trade execution, crystallizing trades in comprehensive transaction records, and allowing for real-time risk measurement and assessment.  Notice of execution, allocation, instruction, trade matching, affirmation and settlement can all occur within seconds of a trade.About CanDealCanDeal is the leading online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealers online access to liquidity in 15 debt and derivative marketplaces operated by Tradeweb in the United States, Europe and Asia.About Charles River DevelopmentCharles River Development is an award-winning provider of technology systems and services to over 310 investment firms in the institutional, mutual fund, banking, hedge fund, wealth management, insurance and pension industries. The Charles River Investment Management System is a comprehensive front- and middle-office software suite for all asset classes that includes: Charles River Manager for portfolio management and modeling; Charles River Trader for order management and electronic trading; Charles River Compliance for real-time pre-trade and end-of-day compliance; and Charles River Post-Trade for the centralized management of trade matching, confirmation, and settlement workflow.  The system incorporates global real-time electronic trading via FIX (Financial Information eXchange) through the Charles River Network, a broker-neutral financial network that is fully integrated with Charles River IMS.Charles River IMS features a modern, proven, N-Tier service oriented architecture (SOA) that is highly scalable and supports continuous 24x7 operations. Message-based APIs and exposed Web Services facilitate rapid systems integration.The company also offers implementation and managed services (hosted and remote application management).  Founded in 1984, Charles River maintains headquarters in Boston and primary offices in London, Melbourne, New York, Paris, Singapore and Tokyo. 

eCanada Bond Review - Spring 2009

eCanada Bond Review - Spring 2009

BMO Capital Markets’ Franco Carelli services the street from MontrealCIBC’s new hires electrify the bond and market trading desksThrough the wire – eRelationships: Scotia Capital & Economical Insurance

CanDeal sets multiple new records for Canadian electronic debt trading

CanDeal sets multiple new records for Canadian electronic debt trading

MONTREAL, Quebec & TORONTO, Ontario (July 6, 2009) – CanDeal is pleased to announce that it’s domestic and foreign participants have set multiple trading records for the month of June and for the quarter ending June 30, 2009.In the month of June, 2009, CanDeal inquires surpassed $80 Billion and total traded volume was close to $70 Billion. Additionally, in the month of June, new records were achieved for the highest monthly trade count and for the number of participants executing transactions over CanDeal’s marketplace. Of particular note, the number of foreign participants executing trades reached a new record, with over 40% of active clients being located outside of Canada.Similarly, for the quarter ending June 30, 2009, new records were set for inquiries and traded volume at over $200 Billion and approximately $175 Billion respectively. In addition, quarterly trade count was a record 24,520, beating the previous record quarter by almost 15%.“I’d like to thank our sell side and buy side participants for their continued support” said Jayson Horner, Co-Founder, President and CEO of CanDeal. “We have been very encouraged by the widespread and accelerated usage of our marketplace by both domestic and foreign participants. For example, we executed our second trillion in about 30% of the time that it took us to execute our first trillion!”About CanDealCanDeal is the leading online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe.CanDeal offers Canadian institutional investors and investment dealer’s online access to liquidity in 15 debt and derivative marketplaces operated by Tradeweb in the United States and Europe.

All primary dealers participate in CanDeal as Deutsche Bank becomes 12th liquidity provider

All primary dealers participate in CanDeal as Deutsche Bank becomes 12th liquidity provider

MONTREAL, Quebec & TORONTO, Ontario (September 14, 2009) – CanDeal, the leader in online Canadian debt securities trading, is pleased to announce that Deutsche Bank Securities Limited has agreed to a multi-year commitment to join its marketplace.The addition of Deutsche Bank represents full participation on CanDeal by all of Canada’s primary dealers.David Fry, Head of Global Markets, Deutsche Bank Canada said, "As a primary dealer in Canada and strong global participant, we are committed to providing our customers with ease of access to our liquidity. CanDeal provides a proven and effective solution for our customers and joining CanDeal’s marketplace demonstrates a further commitment to the fixed income business.”Jayson Horner, Co-Founder, President and CEO of CanDeal, added, "We are very pleased to welcome another first class financial services organization to CanDeal’s marketplace. Completing our goal of including all of Canada’s Primary Dealers is a milestone achievement for our firm and it represents our ongoing commitment to create the deepest pool of liquidity that institutional investors can access for Canadian dollar debt globally.”About CanDealCanDeal is the leading online marketplace for Canadian dollar debt securities (www.candeal.ca). CanDeal provides online access to the largest pool of liquidity for Canadian government bonds and money market instruments. The network delivers the market making power of all twelve of Canada’s Primary Dealers. CanDeal’s marketplace is available to institutional investors in Canada, the United States and Europe. In addition to straight-through-processing, online trade allocations, real time trade blotters and confirmations, the network also provides its users with superior compliance and audit functionality.CanDeal also offers Canadian institutional investors and investment dealer’s online access to liquidity in 15 debt and derivative marketplaces operated by Tradeweb in the United States and Europe.About Deutsche BankDeutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,896 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.Deutsche Bank Securities Limited, member CIPF, is the investment banking and securities arm of Deutsche Bank AG in Canada

eCanada Bond Review - Fall 2009

eCanada Bond Review - Fall 2009

HSBC Securities brings in local talent to its trading deskTD Securities and Scotia Capital comment on the growth of electronic Money Market tradingNational Bank Financial, Desjardins Securities, Laurentian Bank Securities and Casgrain & Company Ltd. discuss the evolution of relationships
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