New Frontiers

Regulatory reform for derivatives has driven a number of marketplace changes, including an increasing move towards electronic trading. The infrastructure of the Canadian electronic interest rate swaps market, introduced by CanDeal and Tradeweb in late 2012, provides solutions that are meeting the current regulatory requirements and are satisfying cross-border activity. The marketplace delivers significantly increased transparency, more efficient trade execution and access to unique business intelligence data, while reducing risk for both buy- and sell-side participants.

End-to-end connectivity allows participants to execute quickly and with certainty. The infrastructure in place provides connections to all major Central Clearing Counterparties (CCPs) and affirmation vendors, allowing participants to centrally clear trades with ease.

  • One subscription. Two currencies - CAD & USD IRS
  • Draw from deep liquidity - 10 participating dealers
  • Access to 11 additional currencies via Tradeweb
  • Connections to market affirmation vendors and clearinghouses for swaps

Price Discovery
Sourced directly from our dealer network, the marketplace provides a real-time view of the Canadian dollar and U.S. dollar swaps market, as part of a North American product package. Pricing for the complete curve, from one to 30 years, is continuously updated throughout the day. In addition to the CAD and USD rates, participants have the ability to view and trade in 11 additional currencies.

Trading efficiency
Trade with confidence and certainty. Electronic trading provides transactional efficiencies that cannot be replicated on the telephone. Execute trades within a matter of seconds - the best price is automatically highlighted to improve best execution. Instantly confirm and allocate your trades electronically. Streamline and simplify your entire trade cycle.

Insight
Mitigate risk by leveraging seamless trade allocation, confirmation and processing. In addition to straight-through processing (STP), participants are empowered with valuable information when they execute trades on the platform. With this data, participants can attribute performance, quantify and demonstrate best execution and review their business from a compliance and oversight perspective.

For information on the cost to access derivatives products click here.