Canadian Debt Securities Network Uses Trayport To Power Its Trading Platform

CanDeal, the Canadian multi dealer to institutional investor online debt securities trading network, has launched a direct access trading platform to address the needs of electronic inter dealer trading in Canada. Revolution Trading will be powered by Trayport, a multi

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CanDeal, the Canadian multi-dealer-to-institutional investor online debt securities trading network, has launched a direct access trading platform to address the needs of electronic inter-dealer trading in Canada.

Revolution Trading will be powered by Trayport, a multi-asset-class electronic trading platform. The platform was launched November 1, and is being used to initially trade Canadian government bonds and provide post trade straight through processing efficiencies.

CanDeal is owned jointly by Canada’s premier stock exchange and Canada’s major banks.

“We have been working with Trayport and our dealer participants to ensure we present a platform that will increase trading efficiencies for our users while at the same time streamline trading processes and reduce costs,” said Kirk Stocks of Revolution Trading. “Trayport’s flexible platform and hands-on team made this easy. Revolution intends to be a key provider in the growth and evolution of the market.”

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