The deal will let CanDeal’s Canadian institutional investors and investment dealers gain access to TradeWeb’s global network of online fixed-income markets. It will also allow users to trade CanDeal products and access straight-through processing and market data.
The CanDeal TradeWeb partnership creates a powerful link into the global capital markets for the institutional fixed-income marketplace in Canada, said Jayson Horner, CEO of CanDeal.
CanDeal added that the agreement will enable Canadian debt capital markets to remain competitive with other G10 markets by providing information through electronic access to a larger liquidity pool. It is also expected to expand the firm’s client base and enhance customer service.
