MONTREAL, Quebec & TORONTO, Ontario (February 22, 2010) – CanDeal, the leader in online Canadian debt securities trading, is pleased to announce the launch of CanDeal Mobile; a real-time, mobile pricing application for benchmark Government Bond and Treasury Bill issues.
CanDeal Mobile displays aggregated pricing data from Canada’s primary dealers. Institutional professionals can chose from a variety of security views which display selected securities. Each security view displays: bid and ask price, bid and ask yield as well as the change from the previous day’s close.
Jayson Horner, Co-Founder, President and CEO of CanDeal said, "We are very pleased to bring this innovative value add service to our client base. In the fast paced world of institutional fixed income trading where anywhere, anytime information is vital to its participants , we have developed a tool for professionals to keep in touch with the market at all times.”
CanDeal Mobile is currently available to investment dealers and institutional investors who actively participate on CanDeal.
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. The network delivers the market making power of all 12 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 additional debt and derivative marketplaces operated by Tradeweb in the United States and Europe.