CanDeal, the institutional fixed income trading platform in Canada, has launched a Provincial Bond Market, after six weeks of live testing with a number of leading market participants.
The CanDeal Provincial Bond Market aims to provide institutional investors price transparency for Provincial Bond issues, including cash pricing and spread to benchmark pricing. This real-time trading environment is supported by the pricing and liquidity provided by CanDeal’s six major dealer members-the largest domestic investment dealers to Canada’s institutional customers.
CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second.
For additional information, please visit the CanDeal Web site