CanDeal’s domestic and foreign participants have set multiple trading records for the month of June and for the quarter ended June 30.
In June, CanDeal inquiries surpassed $80 billion and total traded volume was close to $70 billion. Additionally, new records were set for the highest monthly trade count and for the number of participants executing transactions over CanDeal’s marketplace.
Of particular note, the number of foreign participants executing trades reached a new record, with more than 40% of active clients being located outside of Canada.
Similarly, for the quarter ended June 30, new records were set for inquiries and traded volume at more than $200 billion and approximately $175 billion, respectively. In addition, quarterly trade count was a record 24,520, beating the previous record quarter by almost 15%.
“We have been very encouraged by the widespread and accelerated usage of our marketplace by both domestic and foreign participants,” said Jayson Horner, co-founder, president and CEO of CanDeal. “For example, we executed our second trillion in about 30% of the time that it took us to execute our first trillion.”
CanDeal sets new records
Monthly and quarterly records for inquiries and traded volume were set in June and Q2
- By: IE Staff
- July 6, 2009 July 6, 2009
- 09:42