Leading Investment Dealers Agree to Launch New Fixed Income Data Solution

    TORONTO and MONTREAL, April 28 /CNW/ - Eight of Canada's Primary Dealers
and CanDeal are pleased to announce the formation of CANMarket Data
(www.canmarketdata.com), Canada's premier source for fixed income data. The
Primary Dealers and CanDeal have signed a multi-year agreement with the
objective of providing the most complete, independent and accurate dataset
ever assembled for Canadian bond and money market securities. CANMarket Data
will be the definitive destination point for Canadian pricing and other
products and services.
    CANMarket Data's commingled transparency solution will include bid and
offer prices that reflect prevailing market conditions, which will serve to
mitigate risks associated with the usage of single source or non-independent
data. It will offer its unique, valuable and comprehensive datasets to
marketplace participants around the globe and at all levels of participation,
in a manner that shall deliver unparalleled access. The data will be made
available through a wide array of market data vendors and other sources. In
addition to a variety of intra-day and end of day valuation products,
CANMarket DataBase has amassed millions of historical tick-by-tick data points
that will provide subscribers with unique historical reference data.
    CANMarket Data will serve as the de facto source for independent fixed
income pricing. It will assist investors, dealers, regulators, oversight, risk
and compliance bodies by increasing efficiency, mitigating risks and
instilling a high level of dealing confidence in the Canadian debt markets.
    The CANMarket Data group continues to attract its dealer peers and other
suppliers of data in order to round out the offering.
    To date, CANMarket Data participants include: Casgrain & Company Limited,
Desjardins Securities, HSBC Canada, Laurentian Bank Securities, Merrill Lynch
Canada, National Bank Financial, RBC Capital Markets and TD Securities.

For further information:

For further information: Andrew Kearney, Marketing Manager, CanDeal,
(416) 814-7815, akearney@candeal.ca, www.candeal.ca

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