- 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.
- Feb05 IntelligenceCanDeal's 2018 Year in Review - February 05, 2019To read more, click on the document below:
2018 Year In Review EN.pdf
- 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.