CanDeal today announced that J.P. Morgan Securities Canada has become the 12th dealer participant to join the CanDeal online debt securities trading marketplace.

J.P. Morgan is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity.

The CanDeal marketplace provides its institutional investor participants with access to the deepest pool of liquidity for Canadian fixed income products and CanDeal dealers have the opportunity to receive trade flows from institutional investors in over 30 countries.

“CanDeal has attracted the best liquidity providers in Canada.” said Jayson Horner, president and CEO of CanDeal. “We are thrilled to have J.P. Morgan on board. As a leading global dealer with significant expertise in serving clients in the electronic markets, JPM will certainly add value to the liquidity pool available to our institutional investors.”

“We look forward to serving the online needs of our global client base in Canadian dollar debt through CanDeal,” Ken Knowles, managing director, J.P. Morgan Securities Canada said. “J.P. Morgan is a strong participant in leading global electronic platforms and we continue to see markets evolving and growing in this direction,” Knowles said.