19 February 2018
visit www.nextgenbanking.co.uk/

CanDeal deals a $1 billion day

20 October 2004  |  630 views  |  0 Source: CanDeal

CanDeal, Canada's leader in online debt securities trading, announced that its single day trading volume surpassed the $1 Billion mark, based on the par value of debt securities traded, as measured by one side of a transaction. This marks yet another milestone in CanDeal's brief history of providing institutional investors and dealers with online debt trading and market data tools to compliment their traditional market activities.

"Achieving a billion dollar day is a noteworthy accomplishment," said Jayson Horner, President and CEO of CanDeal. "Increased daily volumes and an expanding list of Institutional Investors participating on our network clearly demonstrate that over the past year electronic trading is becoming part of the day to day workflow of the Institutional professional."

Increasingly, asset managers, investment counselors, corporate and public pension funds, mutual fund companies, government and corporate treasury desks, and life insurance companies are using CanDeal for debt trading in all market conditions. The CanDeal trading network allows an Institutional Investor to achieve a higher standard of trade management practices and exceed compliance requirements through its RFQ trading protocol; fast execution; detailed audit trail and on-line recordkeeping; and straight-through processing solutions.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukVisit https://www.capgemini.comvisit www.ebaday.com

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11109 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
8605 views comments | 15 tweets | 13 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8595 views comments | 15 tweets | 43 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8534 views 10 comments | 21 tweets | 26 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job