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CanDeal Trading Soars Through New Milestones

Date 03/09/2008

CanDeal continues to set new records for online trading of debt securities in Canada. Total aggregate volume traded on CanDeal’s online marketplace now exceeds $1.65 Trillion and two important milestones were reached this past month.

Traded volume of CanDeal’s original product line-up, primarily Government of Canada bonds, Canada Mortgage and Provincial bonds is now in excess of $1.5 Trillion. CanDeal’s newer Canadian Money Market (CAMM) platform has broken through the $100 Billion barrier for traded volume.

“Overall, we are very pleased with the growth we have experienced to date and there is more to come”, said Jayson Horner, Co-Founder, President and CEO of CanDeal. “Our global client base, trade count and volumes continue to grow and very soon we will be introducing more new products and functionality to our marketplace” he said. Horner added that he is “appreciative of the support from sell-side and buy-side participants.”