Desjardins Securities joins CanDeal platform

Source: CanDeal

CanDeal, Canada's leader in dealer to institutional investor online debt securities trading, is pleased to announce that Desjardins Securities, the securities brokerage arm of the Desjardins Group has agreed to a multi-year commitment to join the CanDeal marketplace.

Desjardins Securities is the 10th dealer on CanDeal's platform, where rapid growth continues with the amassing of significant dealer liquidity and an ever expanding list of institutional investors in Canada and the U.S.

"Desjardins Securities is a welcome addition to our online marketplace. Institutional investors continue to favour executing their trades electronically and they appreciate the commitment and effort of leading dealers like Desjardins Securities, who demonstrate a clear vision of the need to evolve the Canadian debt markets," said Jayson Horner, President and CEO of CanDeal.

Mr. Horner added that in addition to Desjardins Securities, CanDeal's dealer group includes BMO Nesbitt Burns, Casgrain & Company, CIBC World Markets, HSBC Securities (Canada), Laurentian Bank Securities, National Bank Financial, RBC Capital Markets, Scotia Capital, and TD Securities.

Steven Shelton, Senior Vice President of the Fixed Income Group, Desjardins Securities, said, "Electronic connectivity with our clients augments our fast growing fixed income franchise. CanDeal has established itself as the essential online marketplace for clients inside and outside of Canada to access our market. Strategically, our ambition is to expand our capabilities in Canada and the United States. In addition to recently being appointed a Primary Dealer in Canada, our participation in CanDeal will allow our Fixed Income Group to remain among the market leaders."

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