TSX Datalinx to distribute CanDeal prices

TSX Datalinx to distribute CanDeal prices

TSX Datalinx has entered discussions to provide market data distribution services to dealer-backed Canadian fixed income network CanDeal.

Under this arrangement, The Toronto Stock Exchange information services subsidiary will make CanDeal's multi-dealer debt instrument pricing data available to the broad marketplace. Prices will be distributed through LinxPointOne, TSX Datalinx's connection to third party vendors worldwide

Jayson Horner, president and CEO of CanDeal, says the agreement represents a major advancement in transparency for the debt markets.

"For the first time, all levels of market participants, from the institutional professional to the retail investor, will have access to intraday real-time indicative prices from all of Canada's largest domestic investment dealers," he says.

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