Introducing Corporate Matrix Pricing:
The definitive source for Canadian corporate pricing
Only from CanDeal and now on Evolution, Corporate Matrix Pricing provides intraday, dynamic pricing for corporate bonds, all in one place, for all your Canadian fixed income trading activity. With indicative prices from our full range of Canada’s liquidity providers, this intraday pricing sets the new standard for corporates, delivering complete pre-trade transparency into how individual bonds and the overall credit market are priced, throughout the day and at the market close.
Trade across fixed income securities with confidence—all in one place and intraday—with the same pricing trusted to evaluate countless portfolios.
Learn more or contact us.
The Markets
We Support
We provide participants with electronic marketplaces for the full range of Canadian fixed income and OTC derivatives.
- Rates: The leading multi-dealer-to-client electronic marketplace for Canadian rates, and the trusted source for Government, CMB and Provincial Bond trading
- Money Markets: View the entire street on one screen. Gain optimal transparency, efficient trade execution and unique intelligence
- Derivatives: CAD and US IRS provides seamless liquidity in compliance with regulatory requirements and is enabled for cross-border activity
- Credit: Trade with the only made for Canada corporate trading solution, and benchmark your portfolio against the previous day’s 4pm price and spread
THE CANDEAL COMMUNITY
Efficient markets require abundant liquidity. CanDeal has assembled the deepest electronic liquidity pool for Canadian rates, money market, corporate and derivatives products the market has ever experienced. Not only does this mean that dealers are keen to participate on the platform, but they are motivated to provide liquidity.
CanDeal securities can be executed through various Order Management System (OMS) providers that offer support to market participants. CanDeal participants can either be certified with these suppliers or use their own proprietary trading systems. However, before implementing any solution, it must be certified by CanDeal Support, who manages access to the CanDeal FIX API. Here is a list of our certified partners:
CERTIFIED ORDER MANAGEMENT SYSTEMS
CanDeal securities can be executed through various Order Management System (OMS) providers that offer support to market participants. CanDeal participants can either be certified with these suppliers or use their own proprietary trading systems. However, before implementing any solution, it must be certified by CanDeal Support, who manages access to the CanDeal FIX API. Here is a list of our certified partners:
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THE CANDEAL LIQUIDITY POOL
| GoC Bonds | CMBs | Provincial Bonds | CTB | Money Markets | CAD IRS | Corps | RRB | Canada | United States | European Union | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of America Merrill Lynch | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| BMO Capital Markets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| BNPP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 |
| Casgrain & Company Ltd. | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 |
| CIBC World Markets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Citi | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 |
| Desjardins Capital Markets | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Goldman Sachs | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 |
| HSBC | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| JP Morgan | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 |
| Laurentian Bank | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 0 |
| MUFG | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| National Bank Finacials | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| RBC Capital Markets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Scotiabank | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| TD Securities | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
CONNECTING
THE DOTS
Access our multi-dealer-to-client electronic marketplaces on the CanDeal Evolution platform, the most innovative, modern trading experience, designed for the Canadian market. Next-gen technology ensures the security and reliability of the end-to-end trading experience, with seamless trade allocation, confirmation and processing.
Follow The Trade.
CanDeal’s electronic trade record forms the basis of our event-driven technology, which provides a permanent and accessible record for every interaction, and meets all compliance requirements.
Drill deeper.
Our Application Programming Interface (API) uses either FIX or XML messaging to transfer trade data between participants. This generates unique business intelligence to attribute performance, quantify and demonstrate best execution, and provide compliance and oversight aircover.
A complete picture.
CanDeal’s transaction record provides a single, immutable record of the information needed to affirm and settle a transaction. It also provides – for the first time – an independent, timely, and accurate record of the trade work-up, including a snapshot of the dealing screen at the instant a trade is accepted. This is enhanced by a best execution calculation based on the prevailing composite price.
Operational simplicity.
A real-time FIX or XML message generated for each trade feeds post-trade operations for market participants and their agents, custodians, vendors, clearing houses, depositories and banks. This moves end-of-day operations into real-time and reduces operational redundancy and human error.
Regulatory certainty.
CanDeal operates an ATS in Canada, regulated by the Canadian Securities Administrators under National Instrument 21-101 and the Canadian Investment Regulatory Organization (CIRO). CanDeal is a member of IIAC (the Investment Industry Association of Canada) and the Canadian Investor Protection Fund. We offer our services outside Canada through our alliance with Tradeweb, with the consent of the SEC and FSA.
Follow The Trade.
CanDeal’s electronic trade record forms the basis of our event-driven technology, which provides a permanent and accessible record for every interaction, and meets all compliance requirements.
Drill deeper.
Our Application Programming Interface (API) uses either FIX or XML messaging to transfer trade data between participants. This generates unique business intelligence to attribute performance, quantify and demonstrate best execution, and provide compliance and oversight aircover.
A complete picture.
CanDeal’s transaction record provides a single, immutable record of the information needed to affirm and settle a transaction. It also provides – for the first time – an independent, timely, and accurate record of the trade work-up, including a snapshot of the dealing screen at the instant a trade is accepted. This is enhanced by a best execution calculation based on the prevailing composite price.
Operational simplicity.
A real-time FIX or XML message generated for each trade feeds post-trade operations for market participants and their agents, custodians, vendors, clearing houses, depositories and banks. This moves end-of-day operations into real-time and reduces operational redundancy and human error.
Regulatory certainty.
CanDeal operates an ATS in Canada, regulated by the Canadian Securities Administrators under National Instrument 21-101 and the Canadian Investment Regulatory Organization (CIRO). CanDeal is a member of IIAC (the Investment Industry Association of Canada) and the Canadian Investor Protection Fund. We offer our services outside Canada through our alliance with Tradeweb, with the consent of the SEC and FSA.
MARKETPLACE HOURS & SUPPORT
Trade on CanDeal:
12pm GMT/7am EST to
10pm GMT/5pm EST.
Need support or more information?