CanDeal

Last updated
CanDeal
Company type Private
Industry Financial
FoundedJune 27,  2001 (2001-June-27)
Headquarters Toronto, Ontario, Montreal, Quebec, Canada
Key people
Jayson Horner (Co-Founder, President & CEO)
Owner Bank of Montreal
Bank of Nova Scotia
CIBC
National Bank of Canada
Royal Bank of Canada
TMX Group
Toronto-Dominion Bank
Number of employees
+100
Website www.candeal.ca

CanDeal is a Canadian online exchange for Canadian dollar debt securities. It provides institutional investors access to liquidity for Canadian Government Bonds and money market instruments. CanDeal has offices in Toronto and Montreal and is owned by Canada's Six Major Banks and TMX Group (equally as of 2018 [1] compared to a previous ownership structure in which TMX owned 47%). [2]

CanDeal became a member of the Investment Dealers Association of Canada, and was granted alternative trading system status by the Ontario Securities Commission on July 2, 2002.

History

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References

  1. 1 2 "Six Largest Canadian Banks Increase Stake in CanDeal". 2018-10-30. Archived from the original on 2021-01-27. Retrieved 2021-04-09.
  2. "TMX 2018 Annual Report" (PDF). Retrieved 2019-11-18.
  3. New CanDeal system will open fixed-income world. June 28, 2001
  4. CanDeal gets all clear from Canadian regulators; TMX takes stake. July 9, 2002
  5. "Basis100 Announces Sale of Shares to CanDeal.ca. February 11, 2003". Archived from the original on 2005-05-08. Retrieved 2007-09-17.
  6. CanDeal aggregate dollar value of trading exceeds $100 billion. August 19, 2004
  7. Trayport’s GlobalVision platform powers CanDeal’s Revolution Trading network. November 14, 2005
  8. "TSX 2006 Annual Report" . Retrieved 2019-11-18.
  9. $1 Trillion Traded On Candeal. August 8, 2007
  10. CanDeal launches mobile fixed income pricing application for institutional professionals. February 24, 2010
  11. CanDeal Traded Volume Surpass $3 Trillion July 7, 2010
  12. CanDeal Volumes Surpass $4 Trillion; New Record Month and Quarter Set April 13, 2011
  13. "Swaps Trading Platform Launched in Canada". Markets Media. 2013-02-04. Retrieved 2021-04-09.
  14. "Canadian Electronic Fixed Income & Derivatives Volumes Surpass $10 Trillion on CanDeal". www.newswire.ca. Retrieved 2021-04-09.
  15. "CanDeal/bank partnership creates data hub". Investment Executive. 2019-02-12. Retrieved 2021-04-09.
  16. "CanDeal Markets Hits $25 Trillion in Trading Volume | CanDeal". www.candeal.com. Retrieved 2021-04-09.
  17. CanDeal. "CanDeal Data & Analytics Acquires CIBC Fixed Income Data Business". www.newswire.ca. Retrieved 2021-04-10.