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Today, CanDeal, Canada’s leader in multi-dealer to client online debt securities trading announced that the total volume of Canadian securities traded on it’s marketplace has surpassed $500 billion. This milestone was accompanied by several other CanDeal statistics that demonstrate increasing acceptance from market professionals who continue to embrace online debt trading as an integral part of their day to day workflow.
“Electronic trading of fixed income securities and related products continues to accelerate as the globally preferred methodology, and it is great to see that Canadian participation in this fundamental transformation is so strong,” says Jayson Horner, President and CEO of CanDeal. Horner adds “With 12 Primary Canadian dealers and an ever expanding list of global institutional investors participating on the network, we believe that the Canadian debt markets are well positioned to remain globally competitive as access to online liquidity becomes the benchmark for which markets will be measured.”
Year-over-year, CanDeal trading activity highlights include:- 108% increase in the monthly dollar volume traded
- 118% increase in the average daily dollar volume traded
- 99% increase in the number of daily trades
- 97% increase in the number of daily trade inquiries
