Under this deal, which will be implemented this fall, pricing of CanDeal's Government of Canada Bonds and Treasury Bills and a wide range of Provincial securities will be available to the broad marketplace. "The deal represents a major advancement in transparency for the debt markets," said Jayson Horner, President and CEO of CanDeal. “This deal with TSX Datalinx will provide all levels of market participants, from the institutional professional to the retail investor, with access to CanDeal’s real-time market prices taken from Canada's six largest domestic investment dealers. CanDeal’s real-time market prices are the most timely, complete and accurate indication of where these dealers are valuing all domestic Government of Canada bonds and treasury bills and a wide range of Provincial issues.
Eric Sinclair, Senior Vice President of TSX Datalinx agreed saying, "As the hub for Canadian capital markets data, TSX Datalinx expects to improve the price transparency of fixed income markets, particularly for the retail investor. Our partners at CanDeal seek to maximize the worldwide distribution of their market data by leveraging our current global reach of more than 60,000 professional investor desktops and over 1 million retail investors."
