Money Market

CanDeal is the leading multi-dealer electronic marketplace for Canadian money market products. Our marketplace is the only source to provide request-for-quote trading and commingled dealer offerings. CanDeal delivers optimal transparency, efficient trade execution and unique business intelligence data, while reducing risk for both buy- and sell-side participants. End-to-end connectivity allows participants to trade quickly and with certainty.

 

Scope:

  • Multi-dealer request-for-quote trading for CTB’s
  • Hundreds of commingled money market offerings on a single screen – products include: CTB, Crown Corps, Provincial Notes, BA’s, BDN’s, Term Deposits, Securitized Paper & CP
  • Draw from deep liquidity - 10 dealers
  • Quickly & efficiently buy and sell products
  • Trading hours: 7:30am to 5pm EST

 

One Screen - The Entire Street

Eliminate multiple stale offering sheets. CanDeal allows participants to view dealer offerings and compare live rates on a single screen. A built in search engine allows you to quickly filter all offerings for a variety of metrics ensuring you can quickly find products that suit your needs. For your CTB trading, experience superior price discovery using our multi-dealer request-for-quote trading protocol.

 

Trade Execution

Streamline the way you source products. New issue and inventory based trading allows institutional investors and cash managers to seek out the most suitable money market offerings from their dealers. Leverage multi-dealer trading protocols to buy and sell securities with your dealers in a matter of seconds. Trade with confidence and certainty.

 

Trade Processing & Reporting

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 CanDeal. With this data, participants can attribute performance, quantify and demonstrate best execution and review their business from a compliance and oversight perspective. A new era in business analysis has arrived.