Casgrain & Company Ltd. signs a multi-year contract extension to provide liquidity on CanDeal's electronic marketplace

MONTREAL and TORONTO, Oct. 14, 2014 /CNW/ - CanDeal, the leading institutional electronic marketplace for Canadian bond, money market and derivatives trading, is pleased to announce that Casgrain & Company Ltd. has signed a multi-year contract renewal to continue to provide liquidity on its platform.

Casgrain & Company Ltd. has been a liquidity provider on CanDeal's marketplace since 2005. As Canada's largest independent employee-owned institutional income investment dealer, Casgrain has taken a leadership role in the evolution of electronic trading. "CanDeal allows us to efficiently serve our growing global client base, while providing new and innovative ideas that are tailored to the needs of those involved in the Canadian dollar fixed income market," said Guy Casgrain, President from Casgrain & Company Ltd.

"Our core values and business strategies align well with those of Casgrain & Company Ltd. – both firms pride themselves in being Canadian and on providing unique solutions that fit the needs of the Canadian over-the-counter debt and derivatives markets", said Jayson Horner, Co-Founder, President & CEO of CanDeal. "Regardless of whether we are developing new functionality, adding new products or building our liquidity pool, our focus is on providing the best possible experience for our participants", added Horner.

About CanDeal
CanDeal is the leading electronic marketplace for Canadian dollar fixed income securities and derivatives (www.candeal.com). Institutional investors from around the globe gain direct access to a network of leading dealers, including all of Canada's Primary Dealers. Participants are provided with greater transparency, operational efficiencies and unique business intelligence data. CanDeal's stakeholders include: BMO Nesbitt Burns Inc., CIBC World Markets, National Bank Financial Inc., RBC Capital Markets, Scotia Capital, TD Securities and TMX Group. CanDeal also offers Canadian institutional investors and investment dealers' electronic access to liquidity in additional debt and derivative marketplaces operated by Tradeweb Markets LLC in the United States and Europe.

About Casgrain & Company Limited 
Casgrain & Company Limited is the largest Canadian owned independent investment dealer specializing in the fixed income market. Casgrain has been in business for 67 years and is a primary dealer of the Bank of Canada, and an underwriter of all Canadian provinces, most large municipalities, and many corporations.

SOURCE: CanDeal

Andrew Kearney, Marketing Manager, CanDeal, [phone], www.candeal.com