CanDeal, the online debt trading firm, announced that Merrill Lynch Canada Inc. has agreed to a multi-year commitment to join its marketplace.

Merrill Lynch is the latest global liquidity provider to join CanDeal’s Government of Canada and Provincial bond trading platforms.

Lynn Patterson, president Merrill Lynch Canada said, “Participating in CanDeal reinforces our commitment to the Canadian marketplace and our leadership position in servicing our global institutional client base. CanDeal’s success is consistent with the experience that we have seen in other major markets.”

“Canadian institutional fixed income investors have embraced electronic trading and we look forward to providing our clients, inside and outside of Canada, with all the benefits of online execution,” Patterson added.

Jayson Horner, president and CEO of CanDeal, added, “I am pleased to welcome another premier global financial services organization to the CanDeal marketplace. This development is a testament to the value that CanDeal has created for investment dealers as an effective means of serving clients and complementing global strategies.”