CanDeal, the leading electronic marketplace for Canadian dollar fixed income securities and derivatives, said Tuesday its original six founding bank dealers have renewed their liquidity commitment to CanDeal’s marketplace.
The six bank dealers include: BMO Capital Markets, CIBC World Markets Inc., National Bank Financial, RBC Capital Markets, Scotiabank and TD Securities.
A total of 12 liquidity providers, including all of the Bank of Canada’s Primary Dealers, extend their market making, on CanDeal, to more than 750 global buy-side participants.
“We have worked with our buy- and sell-side partners for more than a decade to evolve electronic trading in a way that suits the needs of the Canadian dollar marketplace and participants,” said Jayson Horner, co-founder, president and CEO of CanDeal, in a release. “Our approach has always been collaborative to ensure we continually deliver value. Once again, we would like to extend our appreciation to all of our participants and partners for their support and guidance.”