CanDeal.ca announced today that the volume traded in debt securities by Institutional Investors on CanDeal’s trading network has surpassed $100 billion.

“With over 100 unique institutional users executing trades, combined with our data distribution agreements with TSX Datalinx and three leading market data vendors, and now $100 billion traded — we continue to see strong market validation of our platform and trading model,” said Jayson Horner, president and CEO of CanDeal, in a news release.

CanDeal says online debt trading allows institutional investors to achieve best execution using consistently applied trade management practices and to realize electronic trade processing efficiencies.

CanDeal offers investors a complete views of market prices; continuous access to Canada’s deepest pool of liquidity; effective price discovery through its RFQ trading protocol; fast execution; detailed audit trail and on-line recordkeeping; and straight-through processing solutions.

CanDeal provides its subscribers with prices and trade execution for Government of Canada Bonds and T-Bills, Provincial issues, and Canada Housing Trust CMB’s. CanDeal’s liquidity pool consists of Canada’s six largest and most active domestic dealers.