Over $1.6 Trillion Traded
TORONTO, 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.”
CanDeal 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.