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Casgrain & Company Limited Joins CanDeal's Group Of Premier Liquidity Providers

Date 06/09/2005

CanDeal, Canada's leader in multi-dealer to institutional investor online debt securities trading is pleased to announce that Casgrain & Company Limited has agreed to a multi-year commitment to join its trading network.

Jayson Horner, President and CEO of CanDeal, said, "I am very excited to welcome Casgrain, another first class financial services organization, to the CanDeal network. Clearly, this demonstrates the value that CanDeal has created for investment dealers as an effective means of serving client needs and growing their business.”

Mr. Horner added that Casgrain is a welcome addition to CanDeal's leading dealer group. He noted that other dealers in the network include National Bank Financial, RBC Capital Markets, TD Securities, Scotia Capital, HSBC Canada, CIBC World Markets and BMO Nesbitt Burns.

Guy Casgrain, President of Casgrain, said, "We are very pleased to become a liquidity provider on the CanDeal network as electronic connectivity to our clients will compliment our growing fixed income franchise. CanDeal’s broad customer base and market share will present a great opportunity for Casgrain & Company to demonstrate our commitment and capabilities in the domestic and global marketplaces. "

Dale MacMaster, Director, Alberta Investment Management, said, “CanDeal continues to demonstrate an ongoing commitment to create an expanded pool of liquidity that institutional investors can access. We welcome the participation from Casgrain and we look forward to the addition of other dealers to the platform.”