Source: CanDeal
CanDeal, the leading electronic multidealer to institutional investor marketplace for Canadian debt securities, is pleased to announce that Canadian institutional investors have executed in excess of 35 billion Canadian dollar equivalent through the CanDeal and TradeWeb markets in January 2006.
The majority of the trade volume was transacted in domestic Canadian dollar debt. The January 2006 record trading level surpasses CanDeal's previous record month for domestic trading by 30%.
"Canadian institutional investors are becoming increasingly aware of the advantages afforded to them on CanDeal. Our leading dealers and buy-side participants are continuing to make CanDeal part of their daily workflow and we fully expect the increase in trading volumes to continue as new institutional investors, dealers, products and functionality are added," said CanDeal President and CEO, Jayson Horner.