Author: admin

  • 2021-03-08 Journée internationale des femmes 2021

    CanDeal et notre comité Diversité, équité et inclusion reconnaissent et remercient toutes les femmes dans nos vies, à la fois lors de la Journée internationale des femmes et chaque jour. Les femmes sont aux avant-postes dans la crise de la COVID-19, comme professionnelles de la santé, soignantes, innovatrices, organisatrices de communautaires et certaines de nos leaders nationales exemplaires dans la lutte contre la pandémie. Nous célébrons leurs efforts pour notre rétablissement. Lisez le dossier sur le site ONU Femmes. #IWD2021 #ChooseToChallenge

    2021-03-08

  • 2021-03-08 Celebrating International Women’s Day 2021

    CanDeal and our Diversity, Equity & Inclusion Committee recognize and thank all the women in our lives on International Women’s Day and every day. Women stand at the front lines of the COVID-19 crisis, as health care workers, caregivers, innovators, community organizers and some of the most exemplary national leaders in combating the pandemic. We celebrate their efforts for our recovery. Read the UN Women brief. #IWD2021 #ChooseToChallenge

    2021-03-08

  • 2021-02-24 Idéal CanDeal. Le Canada pourrait-il changer radicalement le négociation électronique?

    La négociation électronique continue de prendre de l’élan au Canada et CanDeal joue un grand rôle pour promouvoir l’adoption de nouvelles capacités de négociation et favoriser l’innovation. Ben St. Clair de Risk.net s’est récemment entretenu avec Jamie Grant, président de CanDeal Marchés, et Andre Craig, VPD, Données et Analytique de CanDeal, pour examiner comment les marchés des obligations de sociétés canadiens évoluent et comment CanDeal relève les défis de la négociation électronique auxquels se sont heurtées les sociétés.

    2021-02-24

  • 2021-02-24 CanDeal ideal: Could Canada make a sea-change in e-trading?

    Electronic trading in Canada continues to gain momentum and CanDeal is playing an integral role in driving the adoption of new trading capabilities and fostering innovation. Ben St. Clair at Risk.net recently spoke with Jamie Grant, President of CanDeal Markets, and Andre Craig, EVP of CanDeal Data & Analytics, to examine how Canadian corporate bond markets are evolving and how CanDeal is addressing the electronic trading challenges firms have faced.

    2021-02-24

  • 2021-01-29 CanDeal’s 2020 Year in Review

    Year-In-Review-2020

    In 2020, a year of challenges, volatility and change, we are proud to continue to focus on improving the Canadian marketplace, making it more efficient and secure. CanDeal successfully supported all Buy and Sell side participants in the transition to fully remote trading and connectivity due to the pandemic. The total volume traded on CanDeal increased by 7%, reaching a record $3.2 trillion to close out the year. Our new Corporate Bond Trading solution on CanDeal Evolution increased corporate volume by 181% YOY.

    2021-01-29

  • 2021-01-29 Revue de l’année CanDeal (2020)

    Revue-de-l-année-2020
    En 2020, année riche en défis, en volatilité et en changements, nous avons mis fièrement tous nos efforts à continuer d’améliorer le marché canadien, pour le rendre plus efficace et plus sécurisé. CanDeal a guidé les participants des côtés acheteurs et vendeurs dans une phase de transition vers une connectivité et des activités de négociation à distance exclusivement dans le cadre de la pandémie. Le volume total d’opérations traitées par CanDeal a augmenté de 7 %, atteignant un record 3 200 milliards $ en fin d’année. Notre nouvelle solution de négociation d’obligations de sociétés sur la plateforme CanDeal Evolution a fait croître les volumes d’échanges d’obligations de sociétés de 181 % a/a.

    2021-01-29

  • 2003-03-11 CanDeal lists Canada Housing Trust CMBs

    MARCH 11, 2003 (TORONTO) – Today, CanDeal.ca, Inc. has added Canada Mortgage Bonds (CMBs) to its electronic fixed income trading platform. CMBs are issued by the Canada Housing Trust, a special purpose trust created to issue the bonds. Canada Mortgage and Housing Corporation (CMHC) acts as the Financial Services Advisor to the Trust. The bonds are guaranteed by the Government of Canada through CMHC. The aggregate par value of the four issues outstanding is $17.9 billion.  Using the CanDeal system, institutional investors can see real-time bid and ask prices for each CMB issue, sourced from Canada’s six major investment dealers, and then trade them on-line in the secondary market using CanDeal’s Request for Quote (RFQ) trading protocol.

     

    “CanDeal offers improved visibility and transparency – the ability for investors to see where the Canadian market is currently valuing these securities and a venue to trade them efficiently,” said Trevor Gloyn, Treasurer with CMHC. The CMBs are intermingled on price displays with Government of Canada bonds and are traded on a price basis, rather than on a traditional basis point spread relative to a benchmark security. “This format reflects the sovereign credit and liquidity of these securities.” added Mr. Gloyn.

     

    Canada Housing Trust CMBs are attractive to investors because they are comparable to Government of Canada bond in terms of credit quality and liquidity.  They may also provide the opportunity for an incremental benefit in yield.

     

    “CanDeal establishes a fair, open, and transparent marketplace that delivers operational efficiencies and mitigates risk in the Canadian debt securities markets,” said Jayson Horner, CanDeal’s President and CEO.  “The addition of Canada Mortgage Bonds comes in response to our clients’ requests for CanDeal to offer the same standards of transparency and trade execution in a broader range of securities.  It is another testament to the growth and success of our system. CanDeal provides our clients with continuous access to the most complete view of where the market is being valued by Canada’s six largest and most active investment dealers.  As well, our clients have direct online access to the deep liquidity that our dealers provide.”

     

    About CanDeal.ca, Inc.
    CanDeal.ca, Inc. is a registered Alternative Trading System that provides Canadian institutional clients with the ability to view and trade debt securities on-line. The CanDeal system offers transparency and liquidity in a fair and open electronic marketplace.  CanDeal enables buy-side participants to realize efficiencies and reduce risks through its unique ‘real-time best price’ consolidated market views, simultaneous multi-dealer request-for-quote electronic trade order routing and execution capability, and post-trade services. CanDeal, located in Toronto, is owned by six major Canadian investment dealers, Canada’s premier stock exchange, a global real-time information and transaction service provider and a global technology solutions provider.

    MARCH 11, 2003 (TORONTO) – Today, CanDeal.ca, Inc. has added Canada Mortgage Bonds (CMBs) to its electronic fixed income trading platform. CMBs are issued by the Canada Housing Trust, a special purpose trust created to issue the bonds. Canada Mortgage and Housing Corporation (CMHC) acts as the Financial Services Advisor to the Trust. The bonds are guaranteed by the Government of Canada through CMHC. The aggregate par value of the four issues outstanding is $17.9 billion.  Using the CanDeal system, institutional investors can see real-time bid and ask prices for each CMB issue, sourced from Canada’s six major investment dealers, and then trade them on-line in the secondary market using CanDeal’s Request for Quote (RFQ) trading protocol. “CanDeal offers improved visibility and transparency – the ability for investors to see where the Canadian market is currently valuing these securities and a venue to trade them efficiently,” said Trevor Gloyn, Treasurer with CMHC. The CMBs are intermingled on price displays with Government of Canada bonds and are traded on a price basis, rather than on a traditional basis point spread relative to a benchmark security. “This format reflects the sovereign credit and liquidity of these securities.” added Mr. Gloyn. Canada Housing Trust CMBs are attractive to investors because they are comparable to Government of Canada bond in terms of credit quality and liquidity.  They may also provide the opportunity for an incremental benefit in yield. “CanDeal establishes a fair, open, and transparent marketplace that delivers operational efficiencies and mitigates risk in the Canadian debt securities markets,” said Jayson Horner, CanDeal’s President and CEO.  “The addition of Canada Mortgage Bonds comes in response to our clients’ requests for CanDeal to offer the same standards of transparency and trade execution in a broader range of securities.  It is another testament to the growth and success of our system. CanDeal provides our clients with continuous access to the most complete view of where the market is being valued by Canada’s six largest and most active investment dealers.  As well, our clients have direct online access to the deep liquidity that our dealers provide.” About CanDeal.ca, Inc.CanDeal.ca, Inc. is a registered Alternative Trading System that provides Canadian institutional clients with the ability to view and trade debt securities on-line. The CanDeal system offers transparency and liquidity in a fair and open electronic marketplace.  CanDeal enables buy-side participants to realize efficiencies and reduce risks through its unique ‘real-time best price’ consolidated market views, simultaneous multi-dealer request-for-quote electronic trade order routing and execution capability, and post-trade services. CanDeal, located in Toronto, is owned by six major Canadian investment dealers, Canada’s premier stock exchange, a global real-time information and transaction service provider and a global technology solutions provider.

    2003-03-11

  • 2003-08-19 CanDeal announces straight through processing (STP) breakthrough

    ‘DEALXPRESS’ OFFERS SEAMLESS FIXED INCOME STP SOLUTION

    Toronto – August 19, 2003 – CanDeal.ca Inc., Canada’s leading on-line institutional multi-dealer to client debt securities trading system, today announced an important breakthrough for the Canadian Capital Markets industry mission to achieve straight-through-processing (STP). CanDeal is pleased to announce the launch of DealXpress™ Version 1.0, a new trade processing solution that can electronically pass matched trades completed on CanDeal through to a client’s portfolio management system.

    DealXpress version 1.0 is the first release in a series of planned, customized enhancements by CanDeal, that enables institutions and dealers to allocate, confirm and settle trades electronically.  CanDeal customers have played key, lead roles in helping to define and test this initiative. Electronic trade-processing innovations are considered essential components, required to help the Canadian Debt Industry reach its goal of implementing STP. 

    “This new enhancement demonstrates CanDeal’s ongoing commitment to enhance its products and services for the benefit of the Canadian Capital Markets” said Jayson Horner President & CEO CanDeal. “In their recent paper on Industry Trade processing Best Practices, the Canadian Capital Markets Association, the industry group promoting STP in Canada, stated that the ability to pass financial information electronically on a timely, accurate system-to system basis – to all parties in a transaction chain – is considered a pre-requisite to shortening the settlement cycle to (T+1).  It is also key to both helping position firms for future growth and to maintaining the competitiveness of Canada’s capital markets. We are working closely with members of the CCMA and other Industry participants to create the technology and electronic information flow necessary to help Canada’s debt markets achieve STP,” he added.

    DealXpress version 1.0 can electronically pass matched trade information, including allocations, to the front, mid or back office of the investment dealer and to the portfolio management, trade management or accounting system of the CanDeal client. The ability to pass details of a trade electronically will result in fewer failed trades, lower trade processing costs, and accelerate the trade settlement process cycle, thus saving the industry significant costs. With DealXpress trades executed on CanDeal no longer need to be manually input by the trader or portfolio manager. The trades can electronically flow into a portfolio management system thereby saving time and effort. Additionally, the financial (or settlement) risk associated with failed trades due to input errors is significantly reduced.  

     

    About CanDeal.ca Inc.
    CanDeal is Canada’s leading institutional customer to multi-dealer online fixed income trading network. CanDeal’s robust and reliable platform provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network delivers the market making power of the six largest domestic investment dealers to Canada’s largest institutional customers. The CanDeal electronic marketplace is open and available to all institutional buyside participants and dealers across Canada.

    CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second. As a leader in “Straight-Through Processing” (STP) solutions, CanDeal provides its participants with electronic trade reporting, on-line detailed audit trails, an integrated trade allocation facility and trade data export capability.

    CanDeal also provides a real time market data price feed for the fixed income securities traded on its platform. CanDeal was formed in June, 2001 to create a neutral marketplace providing end-to-end efficient transaction solutions. CanDeal is the first debt securities trading system to be recognized across Canada by all securities regulators as an Alternative Trading System (ATS) and an investment dealer.  In addition, CanDeal is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund.

    ‘DEALXPRESS’ OFFERS SEAMLESS FIXED INCOME STP SOLUTIONToronto – August 19, 2003 – CanDeal.ca Inc., Canada’s leading on-line institutional multi-dealer to client debt securities trading system, today announced an important breakthrough for the Canadian Capital Markets industry mission to achieve straight-through-processing (STP). CanDeal is pleased to announce the launch of DealXpress™ Version 1.0, a new trade processing solution that can electronically pass matched trades completed on CanDeal through to a client’s portfolio management system.DealXpress version 1.0 is the first release in a series of planned, customized enhancements by CanDeal, that enables institutions and dealers to allocate, confirm and settle trades electronically.  CanDeal customers have played key, lead roles in helping to define and test this initiative. Electronic trade-processing innovations are considered essential components, required to help the Canadian Debt Industry reach its goal of implementing STP. “This new enhancement demonstrates CanDeal’s ongoing commitment to enhance its products and services for the benefit of the Canadian Capital Markets” said Jayson Horner President & CEO CanDeal. “In their recent paper on Industry Trade processing Best Practices, the Canadian Capital Markets Association, the industry group promoting STP in Canada, stated that the ability to pass financial information electronically on a timely, accurate system-to system basis – to all parties in a transaction chain – is considered a pre-requisite to shortening the settlement cycle to (T+1).  It is also key to both helping position firms for future growth and to maintaining the competitiveness of Canada’s capital markets. We are working closely with members of the CCMA and other Industry participants to create the technology and electronic information flow necessary to help Canada’s debt markets achieve STP,” he added.DealXpress version 1.0 can electronically pass matched trade information, including allocations, to the front, mid or back office of the investment dealer and to the portfolio management, trade management or accounting system of the CanDeal client. The ability to pass details of a trade electronically will result in fewer failed trades, lower trade processing costs, and accelerate the trade settlement process cycle, thus saving the industry significant costs. With DealXpress trades executed on CanDeal no longer need to be manually input by the trader or portfolio manager. The trades can electronically flow into a portfolio management system thereby saving time and effort. Additionally, the financial (or settlement) risk associated with failed trades due to input errors is significantly reduced.   About CanDeal.ca Inc. CanDeal is Canada’s leading institutional customer to multi-dealer online fixed income trading network. CanDeal’s robust and reliable platform provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network delivers the market making power of the six largest domestic investment dealers to Canada’s largest institutional customers. The CanDeal electronic marketplace is open and available to all institutional buyside participants and dealers across Canada.CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second. As a leader in “Straight-Through Processing” (STP) solutions, CanDeal provides its participants with electronic trade reporting, on-line detailed audit trails, an integrated trade allocation facility and trade data export capability.CanDeal also provides a real time market data price feed for the fixed income securities traded on its platform. CanDeal was formed in June, 2001 to create a neutral marketplace providing end-to-end efficient transaction solutions. CanDeal is the first debt securities trading system to be recognized across Canada by all securities regulators as an Alternative Trading System (ATS) and an investment dealer.  In addition, CanDeal is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund.

    2003-08-19

  • 2003-09-09 CanDeal to launch online Provincial bond trading market

    New Provincial bond market will be the first trading product to include co-mingled prices from 6 of Canada’s major dealers

    SEPTEMBER 9, 2003 (TORONTO) – CanDeal, Canada’s leading on-line institutional multi-dealer to client debt securities trading system announced today that in response to strong customer demand it is adding Provincial Bond issues to its proprietary trading network.

    “A great many of our existing customers have requested the ability to utilize our proprietary and proven trading model to obtain firm markets from multiple dealers simultaneously on both “outright” [single  security] Provincial bond trades and “basis” [yield spread] trades between Canada’s and Provincials or between two Provincial bonds,” said Jayson Horner,  President and CEO of CanDeal.ca Inc.

    “We have worked closely with our customers to ensure that the trading etiquette and conventions match the needs of the Canadian debt industry as we continue to evolve electronic trading.”  The CanDeal Provincial bond market will be anchored by the liquidity of the industry’s leading dealers. A beta group of CanDeal clients are currently evaluating the new Provincial bond pricing and trading capabilities which are scheduled for general availability in the near future. “We expect that delivering the additional functionality and product breadth that CanDeal participants have been asking for will lead to a further increase in the share of market trading activity on CanDeal’s electronic fixed income platform and to the addition of new dealers,” said Horner.

    For the first time anywhere Canadian Institutional investors will have the ability to view real-time “co-mingled” Provincial bond prices received directly from the six major Canadian dealers and to deal online at the best price or spread in a fraction of a second on CanDeal’s live dealing screen. CanDeal’s Provincial bond trading service will be available for a free trial period to all new and existing CanDeal users.

    About CanDeal.ca Inc. 
    CanDeal is Canada’s leading institutional customer to multi-dealer online fixed income trading network. CanDeal’s robust and reliable platform provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network delivers the market making power of the six largest domestic investment dealers to Canada’s largest institutional customers. The CanDeal electronic marketplace is open and available to all institutional buyside accounts and dealers across Canada.

    CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second. As a leader in “Straight- Through-Processing” (STP) solutions, CanDeal provides its participants with electronic trade reporting, on-line detailed audit trails, an integrated trade allocation facility and trade data export capability.  CanDeal also provides a real time market data price feed for the fixed income securities traded on its platform.

    CanDeal was formed in June, 2001 to create a neutral marketplace providing end-to-end efficient transaction solutions. CanDeal is the first system to be recognized across Canada by all securities regulators as an Alternative Trading System (ATS) and an investment dealer.  In addition, CanDeal is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund.

     

    New Provincial bond market will be the first trading product to include co-mingled prices from 6 of Canada’s major dealersSEPTEMBER 9, 2003 (TORONTO) – CanDeal, Canada’s leading on-line institutional multi-dealer to client debt securities trading system announced today that in response to strong customer demand it is adding Provincial Bond issues to its proprietary trading network.“A great many of our existing customers have requested the ability to utilize our proprietary and proven trading model to obtain firm markets from multiple dealers simultaneously on both “outright” [single  security] Provincial bond trades and “basis” [yield spread] trades between Canada’s and Provincials or between two Provincial bonds,” said Jayson Horner,  President and CEO of CanDeal.ca Inc.“We have worked closely with our customers to ensure that the trading etiquette and conventions match the needs of the Canadian debt industry as we continue to evolve electronic trading.”  The CanDeal Provincial bond market will be anchored by the liquidity of the industry’s leading dealers. A beta group of CanDeal clients are currently evaluating the new Provincial bond pricing and trading capabilities which are scheduled for general availability in the near future. “We expect that delivering the additional functionality and product breadth that CanDeal participants have been asking for will lead to a further increase in the share of market trading activity on CanDeal’s electronic fixed income platform and to the addition of new dealers,” said Horner.For the first time anywhere Canadian Institutional investors will have the ability to view real-time “co-mingled” Provincial bond prices received directly from the six major Canadian dealers and to deal online at the best price or spread in a fraction of a second on CanDeal’s live dealing screen. CanDeal’s Provincial bond trading service will be available for a free trial period to all new and existing CanDeal users.About CanDeal.ca Inc. CanDeal is Canada’s leading institutional customer to multi-dealer online fixed income trading network. CanDeal’s robust and reliable platform provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network delivers the market making power of the six largest domestic investment dealers to Canada’s largest institutional customers. The CanDeal electronic marketplace is open and available to all institutional buyside accounts and dealers across Canada.CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second. As a leader in “Straight- Through-Processing” (STP) solutions, CanDeal provides its participants with electronic trade reporting, on-line detailed audit trails, an integrated trade allocation facility and trade data export capability.  CanDeal also provides a real time market data price feed for the fixed income securities traded on its platform.CanDeal was formed in June, 2001 to create a neutral marketplace providing end-to-end efficient transaction solutions. CanDeal is the first system to be recognized across Canada by all securities regulators as an Alternative Trading System (ATS) and an investment dealer.  In addition, CanDeal is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund. 

    2003-09-09

  • 2004-02-11 TSX Datalinx distributing CanDeal data through Thomson Financial

    Agreement sees information to go on Thomson ONE terminals further access and visibility for debt market transparency in Canada

    FEBRUARY 11, 2004 (TORONTO) – TSX Datalinx  has signed an agreement with Thomson Financial to distribute CanDeal’s real-time market data to traders and investors across Canada and around the Globe.  Under the terms of the agreement, Thomson will provide CanDeal pricing to Thomson ONE Yield users globally, and will make the data available to all retail users of Thomson ONE in Canada.  Thomson Financial, a leading provider of information technology solutions to the global financial community, is an operating unit of the Thomson Corporation (TSX: TOC, NYSE: TOC).  Thomson ONE is a flexible, open application framework that dynamically integrates data and applications from Thomson, proprietary and third party sources to a single user interface.

    The CanDeal data contains the best real-time market data taken from Canada’s six major domestic investment dealers.  CanDeal’s real-time market data is the most timely, complete and accurate view of where these dealers are valuing all domestic Government of Canada bonds and Treasury Bills and a wide range of Provincial and Corporate issues. TSX Datalinx uses its LinxPointOne data distribution product to deliver and manage the CanDeal Market Data offering to Thomson and a number of other leading data vendors.

    Jim Fiesel,  executive vice president,  Thomson Financial, said, “Through this arrangement and the addition of CanDeal data through TSX Datalinx, Thomson ONE Yield has further strengthened its market data, with a first-rate source of Canadian fixed income pricing. It is exciting to be in a position to truly expand our presence in Canada and the rest of the world as we continue to grow the Thomson ONE offering.  This is a major step forward for our Canadian fixed-income strategy.”

    “We are pleased that Thomson has signed this distribution agreement.  This arrangement will provide Thomson with a superior Canadian fixed income data product,” said Jayson Horner, President and CEO of CanDeal. “CanDeal’s prices and trading platform are utilized by institutional market professionals all across Canada and now CanDeal Market Data will broaden its reach to significantly enhance market transparency.”

    “This Thomson deal is very important for us,” said Eric Sinclair, Senior Vice-President of TSX Datalinx.  “It further expands the distribution of CanDeal data on LinxPointOne – and acknowledges that LinxPointOne provides our clients with a comprehensive distribution network to reach critical end users of market data right around the world.”

    To obtain information on CanDeal data access, please contact John Andrew at 416-947-4289, by e-mail john.andrew@tsxdatalinx.com or Michelle Tran at 416-947-4583, by email michelle.tran@tsxdatalinx.com.

    About CanDeal
    CanDeal is Canada’s leading institutional customer to multi-dealer online fixed income trading network. CanDeal’s robust and reliable platform provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network delivers the market making power of the six largest domestic investment dealers to Canada’s largest institutional customers. The CanDeal electronic marketplace is open and available to all institutional buy-side accounts and dealers across Canada.

    CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second. As a leader in “Straight-Through-Processing” (STP) solutions, CanDeal provides its participants with electronic trade reporting, on-line detailed audit trails, an integrated trade allocation facility and trade data export capability. CanDeal also provides a real time market data price feed for the fixed income securities traded on its platform.

    CanDeal was formed in June, 2001 to create a neutral marketplace providing end-to-end efficient transaction solutions. CanDeal is the first system to be recognized across Canada by all securities regulators as an Alternative Trading System (ATS) and an investment dealer. In addition, CanDeal is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund.

    About TSX Datalinx
    TSX Datalinx is the name for TSX Group Inc.’s (TSX: X) data operation.  TSX Datalinx provides a broad range of data products and services, offering both real-time and historical data to customers across Canada and around the globe.

    About Thomson Financial
    Thomson Financial is a US$1.6 billion provider of information and technology solutions to the worldwide financial community.  Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results.  Thomson Financial is part of The Thomson Corporation (www.thomson.com), a leading provider of valueadded information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. With revenues from continuing operations of US$7.5 billion, The Thomson Corporation lists its common shares on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

     

    Agreement sees information to go on Thomson ONE terminals further access and visibility for debt market transparency in CanadaFEBRUARY 11, 2004 (TORONTO) – TSX Datalinx  has signed an agreement with Thomson Financial to distribute CanDeal’s real-time market data to traders and investors across Canada and around the Globe.  Under the terms of the agreement, Thomson will provide CanDeal pricing to Thomson ONE Yield users globally, and will make the data available to all retail users of Thomson ONE in Canada.  Thomson Financial, a leading provider of information technology solutions to the global financial community, is an operating unit of the Thomson Corporation (TSX: TOC, NYSE: TOC).  Thomson ONE is a flexible, open application framework that dynamically integrates data and applications from Thomson, proprietary and third party sources to a single user interface.The CanDeal data contains the best real-time market data taken from Canada’s six major domestic investment dealers.  CanDeal’s real-time market data is the most timely, complete and accurate view of where these dealers are valuing all domestic Government of Canada bonds and Treasury Bills and a wide range of Provincial and Corporate issues. TSX Datalinx uses its LinxPointOne data distribution product to deliver and manage the CanDeal Market Data offering to Thomson and a number of other leading data vendors.Jim Fiesel,  executive vice president,  Thomson Financial, said, “Through this arrangement and the addition of CanDeal data through TSX Datalinx, Thomson ONE Yield has further strengthened its market data, with a first-rate source of Canadian fixed income pricing. It is exciting to be in a position to truly expand our presence in Canada and the rest of the world as we continue to grow the Thomson ONE offering.  This is a major step forward for our Canadian fixed-income strategy.”“We are pleased that Thomson has signed this distribution agreement.  This arrangement will provide Thomson with a superior Canadian fixed income data product,” said Jayson Horner, President and CEO of CanDeal. “CanDeal’s prices and trading platform are utilized by institutional market professionals all across Canada and now CanDeal Market Data will broaden its reach to significantly enhance market transparency.”“This Thomson deal is very important for us,” said Eric Sinclair, Senior Vice-President of TSX Datalinx.  “It further expands the distribution of CanDeal data on LinxPointOne – and acknowledges that LinxPointOne provides our clients with a comprehensive distribution network to reach critical end users of market data right around the world.”To obtain information on CanDeal data access, please contact John Andrew at 416-947-4289, by e-mail john.andrew@tsxdatalinx.com or Michelle Tran at 416-947-4583, by email michelle.tran@tsxdatalinx.com.About CanDealCanDeal is Canada’s leading institutional customer to multi-dealer online fixed income trading network. CanDeal’s robust and reliable platform provides its participants with continuous access to the deepest pool of liquidity for fixed income products. Today, the network delivers the market making power of the six largest domestic investment dealers to Canada’s largest institutional customers. The CanDeal electronic marketplace is open and available to all institutional buy-side accounts and dealers across Canada.CanDeal’s fair and open proprietary auction model permits authorized institutional market participants to receive live dealing quotes simultaneously from multiple dealers and to execute a trade at the best price in a fraction of a second. As a leader in “Straight-Through-Processing” (STP) solutions, CanDeal provides its participants with electronic trade reporting, on-line detailed audit trails, an integrated trade allocation facility and trade data export capability. CanDeal also provides a real time market data price feed for the fixed income securities traded on its platform.CanDeal was formed in June, 2001 to create a neutral marketplace providing end-to-end efficient transaction solutions. CanDeal is the first system to be recognized across Canada by all securities regulators as an Alternative Trading System (ATS) and an investment dealer. In addition, CanDeal is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund.About TSX DatalinxTSX Datalinx is the name for TSX Group Inc.’s (TSX: X) data operation.  TSX Datalinx provides a broad range of data products and services, offering both real-time and historical data to customers across Canada and around the globe.About Thomson FinancialThomson Financial is a US$1.6 billion provider of information and technology solutions to the worldwide financial community.  Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results.  Thomson Financial is part of The Thomson Corporation (www.thomson.com), a leading provider of valueadded information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. With revenues from continuing operations of US$7.5 billion, The Thomson Corporation lists its common shares on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC). 

    2004-02-11