MONTREAL & TORONTO, March 13, 2013 /CNW/ - CanDeal, the leading
institutional electronic marketplace for Canadian rates, money market
and derivatives, is pleased to announce that Morgan Stanley will be
joining its marketplace as a liquidity provider for Government of
The addition of Morgan Stanley to CanDeal's marketplace deepens the
electronic liquidity pool in Canada to 14 providers. More than 250
global institutions leverage CanDeal to gain insight and direct access
to Canadian dollar product.
As markets become increasingly linked by technology, Morgan Stanley
continues to expand its business around the world. "Morgan Stanley is
pleased to join CanDeal as a provider of liquidity in Canadian
Government Bonds. Adding CanDeal further strengthens Morgan Stanley's
offering to clients in major government bond markets globally," said
Glenn Hadden, Managing Director, Head of Global Interest Rate Products
from Morgan Stanley.
"Our goal is to provide a marketplace that strengthens the position of
Canada's debt markets," said Jayson Horner, Co-Founder, President and
CEO of CanDeal. "The success of our marketplace is contingent upon
providing solutions to market participants that delivers optimal
transparency, efficient trade execution and unique business
intelligence data, while reducing operational risk. The addition of
another world-class investment dealer, such as Morgan Stanley, further
solidifies CanDeal as the premier destination for institutional
marketplace participants to transact in Canadian dollar securities."
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 dealer's electronic access to liquidity in
additional debt and derivative marketplaces operated by Tradeweb
Markets LLC in the United States and Europe.
For further information: