Trading Protocols

Different market conditions require different trading tools.

Request-For-Quote (RFQ)

A Request-For-Quote (RFQ) trade facilitates a query to multiple dealers simultaneously for live executable prices. RFQ’s form the basis of online trading and shortens the trade cycle to a matter of seconds compared to the telephone.

CanDeal works closely with its participants to develop trading protocols that address different market conditions and strategies, including unique discreet trading tools. Participants have the ability to trade multiple securities from different asset classes within a single application.

Inventory based trading

Money Market offerings on CanDeal are traded on an inventory basis and on an RFQ basis. Online Money Market offerings creates a central hub for buy-side participants to access multiple dealers offerings simultaneously. This benefits both counterparties by streamlining the flow of information, which frees up valuable time.

The commingled view can be filtered to display offerings that fit your investment needs. Additionally, a built in search engine can be used to quickly find products from multiple dealers simultaneously.