News & Press Releases
- Mar12 Press ReleaseTickSmith to Power New CanDeal Market Data Hub - March 12, 2019
Toronto, March 12, 2019; CanDeal, the leading institutional electronic marketplace for Canadian debt and derivatives trading, has selected TickSmith to power its recently-announced market data platform. By deploying the TickSmith Data Pooling Platform, CanDeal is able to more quickly and reliably launch the DataVault Innovations data-as-a-service business.
Engineered with big data technology to be flexible, secure, and scalable, TickSmith's Data Pooling platform will manage the core data pooling for DataVault Innovations, from ingestion and normalization to analytics, entitlements and delivery.
- Feb12 Press ReleaseCanDeal partners with six Canadian Banks to Create Market Data Hub - February 12, 2019
Toronto, February 12, 2019; The six largest Canadian banks have partnered with CanDeal to create the country’s first comprehensive fixed income and derivatives market data hub. The Data-as-a-Service (DaaS) business, DataVault Innovations, intends to produce best in class pricing and analytics data to address the growing data needs of participants and regulators.
While presently ingesting data from each of the six banks, DataVault Innovations is actively seeking an inclusive strategy to engage all other marketplace data contributors.
- Oct30 Press ReleaseSix Largest Canadian Banks Increase Stake in CanDeal - October 30, 2018
Toronto, October 30, 2018; CanDeal, the leading institutional electronic marketplace for Canadian bond, money market, and derivatives trading, has announced an ownership restructuring under which each of Canada’s six leading banks increased its stake in the marketplace. As a result of the restructuring, which included a reduction in TMX Group's share, CanDeal's ownership group each has an equal share of the company.
On a combined basis, the Canadian banks now own more than 85% of CanDeal, signaling an increased commitment to electronic trading in Canadian Dollar products. The CanDeal marketplace features more than 300 institutional investment firms and includes 11 Canadian bank/dealer liquidity providers. CanDeal trading volumes have grown from C$600Billion in 2008 to more than C$3.1Trillion in the past four quarters.
- Sep14 ArticleCanDeal team helps again at Ronald McDonald House - September 14, 2018
On September 13th, the CanDeal team had the opportunity to help out at Ronald McDonald House Charities Toronto, which serves seriously ill children and their families, helping them stay together during their treatment and focus on getting better.
We wanted to once again do more to help these children and their families. This week, the CanDeal team got hands-on in the kitchen to prepare dinner for 81 families currently staying at the House. That is nearly 150 people who enjoyed a meal of mac & cheese, chicken caesar salad and broccoli & cheese. We even had a sundae station with chocolate chip cookies and candy. The kids really loved that!
We are honored to support Ronald McDonald House Charities, and humbled to do just this little bit for them. As always, we wish the children and their families good health and a full recovery.
- Nov04 Press ReleaseSix leading dealers demonstrate commitment to CanDeal - November 04, 2014
MONTREAL/TORONTO, November 4, 2014 – CanDeal is pleased to announce that effective November 1st, 2014 its original six founding bank dealers have renewed their liquidity commitment to CanDeal’s marketplace.
The six bank dealers include: BMO Capital Markets, CIBC World Markets Inc., National Bank Financial, RBC Capital Markets, Scotiabank and TD Securities.
A total of twelve liquidity providers, including all of the Bank of Canada’s Primary Dealers, extend their market making, on CanDeal, to more than 750 global buy-side participants.