CanDeal Bond Trading Portal Launches

TRADING ROOM TECHNOLOGIES

TORONTO--CanDeal, Canada’s answer to TradeWeb and other dealer-to-customer bond portals in the US, recently launched and has netted trades as large as CAD 50 million ($31.8 million), averaging about CAD 30 million, officials say.

The platform was originally scheduled to launch in the fourth quarter of 2001 but did not receive regulatory approval until July this year (TTW, July 15).

CanDeal offers multi-dealer price discovery and electronic transaction capability in Canadian government treasury

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