News & Insight

DeriveSource | Canada Bites the Bullet on Trade Reporting

First step aligned with US rules, cross-border harmonisation expected. Dan Barnes explores how trade reporting of OTC derivatives in evolving in Canada. The article quotes CanDeal Global Product head Mike White on how Canadian regulators have been tackling this large undertaking.Click here to read ...

DerivSource | Versions of the Truth; Trade Reporting in Canada

Trade reporting is intended to provide regulators with insight into the market, but how can multiple reporting centres provide a single view? Dan Barnes reports on how Canada is approaching trade reporting across the provinces. This article features comments from Phil Wright, Managing Director ...

Quarterly Insight | Q3-2013

During the quarter, 452 buy-side participants were active on CanDeal. Participants executed a total of 60,404 trades and $571 billion in trade volume in Q3. We are also pleased to announce our 1 millionth trade was executed during the month of September. Below is an overview of our business ...

To read more, click on the document below:
CanDealQuarterlyInsight-Q3-13.pdf

OTC Intelligence | Market Agreed Coupon (MAC) Contract

On April 24, 2013, the International Swaps and Derivatives Association (ISDA) issued a release announcing the publication of a form of confirmation for a Market Agreed Coupon (MAC) contract. The MAC Contract is voluntary and is meant to compliment bespoke interest rate swaps (IRS) and deliverable ...

To read more, click on the document below:
OTCIntelligence-22November2013-MAC.pdf

OTC Intelligence | Canadian Regulators Publish New Derivatives Rules

On November 14, the Ontario Securities Commission (OSC), the Autorité des marchés financiers (AMF) and the Manitoba Securities Commission (MSC) published harmonized province-specific rules for OTC derivatives regulation, specifically identifying the derivatives in question, central clearing and ...

To read more, click on the document below:
OTCIntelligence-18November2013-CanadianRules.pdf

OTC Intelligence | SEF & Central Clearing Update

CFTC Approval Paves the Way for Regulated Electronic Swap TradingOn September 6, 2013, CanDeal’s global Canadian dollar interest rate swap partner, Tradeweb Markets, announced it has received temporary registration approval for its swap execution facilities (SEFs) from the Commodity Futures Trading ...

To read more, click on the document below:
OTCIntelligence-04October2013.pdf

Is e-trading an ace in the hole for markets?

As regulators seek to enact change, they must balance their transparency objectives with the needs of market participants. The Globe and Mail, Report on Business, Streetwise blog featured an op-ed article from CanDeal's CEO, Jayson Horner, on the role electronic trading can play in providing a ...

To read more, click on the document below:
G&M-OpEd-IsEtradingAnAceInTheHoleForMarkets-Eng.pdf

Greenwich Associates 2013 North American Fixed-Income Investors Study

Greenwich Associates 2013 North American Fixed-Income Investors Study showed their respondents executed 44% of their volume electronically, up from 40% the year before. Canadian government bond e-trading volumes on CanDeal increased 11% in calendar 2012. Greenwich Associates data shows that ...

To read more, click on the document below:
NAFI-CAN_ETrading-13-MT.pdf

Quarterly Insight | Q2-2013

Participants set new quarterly trade count and volume records at 60,661 trades and $606 billion in trade volume. Bonds lead the charge with 26% growth quarter over quarter. Below is an overview of our business highlights from Q2-2013.eFIRM technology went live in Q2-2013Largest Q/Q volume increases ...

To read more, click on the document below:
CanDealQuarterlyInsight-Q2-13.pdf

OTC Intelligence

The global regulatory environment for trading swaps is changing rapidly. This OTC Intelligence piece focuses on minimum block sizes for interest rate swaps, electronic pre-trade credit checking functionality and connectivity for central clearing.

To read more, click on the document below:
OTC Intelligence-13June2013.pdf

OTC Intelligence

The Commodity Futures Trading Commission (CFTC) held a public meeting on May 16, 2013 to discuss trade execution rules and anti-disruptive trading practice guidance. All four of the rules were passed and are expected to be published by the Federal Register in June. Click the link below to read a ...

To read more, click on the document below:
OTCIntelligence-22May2013.pdf

Quarterly Insight | Q1-2013

Trade volumes increased significantly quarter-over-quarter as buy- and sell-side participants continue to join our marketplace. Below are a few highlights of our business highlights from Q1-2013.Cumulative trade volumes surpass $7 TrillionVolumes increase quarter-over-quarter: GoC up 29%, CMB up 19% ...

To read more, click on the document below:
CanDealQuarterlyInsight-Q1-13.pdf

Morgan Stanley joins CanDeal’s Electronic Marketplace

MONTREAL/TORONTO, March 13, 2013 – CanDeal, the leading institutional electronic marketplace for Canadian rates, money market and derivatives, is pleased to announce that Morgan Stanley will be joining its marketplace as a liquidity provider for Government of Canada bonds.The addition of Morgan ...

2012 Infographic Recap

Similar to last year, we’ve created a visual snapshot of some of the key numbers that would be of interest to our participants. Our 2012 CanDeal Year in Review infographic provides a holistic view of our electronic trading business.

To read more, click on the document below:
2012 Year in Review

Electronic Trading Brings Transparency to Canadian Rate Swaps

As Canadian regulators strive to meet G20 commitments on derivatives regulatory reform, CanDeal announced the launch of the first multi-dealer-to-client trading platform for Canadian dollar interest rate swaps. Don Curren of Dow Jones reports on the launch of the new marketplace and the evolution of ...