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Participants Set New Volume Record On CanDeal - Weekly Traded Volume Hits New High

Date 23/09/2008

CanDeal, the leading online marketplace for Canadian debt securities, today announced a new record for weekly traded volumes and inquiries. For the week ending September 19, 2008 CanDeal inquiries surpassed $22 Billion and traded volume was nearly $20 Billion. "Globally, markets are experiencing a time of significant turmoil and volatility. CanDeal's marketplace delivers certainty of execution, facilitates best practices and mitigates associated transaction risks in a manner that is simply unsurpassed" said Jayson Horner, Co-Founder, President and CEO of CanDeal. "All of us at CanDeal are conscious of the difficult time that market participants have been facing and we are hopeful that a sense of normalcy will return to global markets soon" said Horner.