type private industry financial founded june 27 2001 2001 june 27 headquarters toronto ontario canada and montreal quebec canada key people jayson horner co founder president & ceo owner bank of montreal bank of nova scotia cibc national bank of canada royal bank of canada tmx group toronto dominion bank number of employees 17 website http www.candeal.ca candeal is a canadian online exchange for canadian dollar debt securities . it provides institutional investors access to liquidity for canadian government bonds and money market instruments . candeal has offices in toronto and montreal and is owned by canada s six major banks and tmx group . candeal became a member of the investment dealers association of canada and was granted alternative trading system status by the ontario securities commission on july 2 2002 . history edit june 27 2001 candeal is created by founding shareholders bmo nesbitt burns basis100 inc. cibc world markets inc. moneyline network inc. national bank financial inc. rbc dominion securities inc. scotia capital inc. and td securities inc. 1 july 8 2002 tmx group acquires a 40 % stake in candeal . 2 september 10 2002 candeal executes its first trade . january 1 2003 candeal s founder jayson horner leaves td securities to become full time president and ceo of candeal . february 11 2003 candeal purchases basis100 s equity interest along with the rights to basisxchange in canada . 3 march 11 2003 candeal adds canada housing trust cmb s canada mortgage bonds to its marketplace . august 19 2003 candeal announces that straight through processing stp is available via dealxpress version 1.0 . 4 september 9 2003 candeal adds provincial bond issues to its marketplace . october 21 2003 candeal launches its market data product via tmx datalinx real time feed . 5 february 11 2004 tmx datalinx and thomson financial agree to distribute candeal s real time market data . 6 august 18 2004 aggregate volume traded on candeal surpasses 100 billion . 7 october 19 2004 candeal announces its single day trading volume surpasses c 1 billion . december 1 2004 candeal trades 10 billion in a single month . october 13 2005 a canadian institutional investor executes the first foreign security trade on candeal ; a u.s. treasury bond . 8 november 1 2005 candeal launches a new division revolution trading an electronic inter dealer trading network . 9 september 20 2006 candeal announces that online trading of canadian debt securities is now available to european institutional investors . 10 october 11 2006 candeal surpasses one half trillion in aggregate volume traded . august 8 2007 candeal announces that it has surpassed one trillion dollars in aggregate volume traded since inception . 11 november 13 2007 candeal announces that money market trading on its camm platform is up over 200 % for the second half of the fiscal year . 12 january 15 2008 laurentian bank securities joins candeal s money market platform . 13 february 5 2008 candeal introduces new client viewer . 14 august 20 2008 candeal announces record canadian money market volumes . 15 september 3 2008 candeal trading soars through new milestones . 16 september 23 2008 participants set new volume record on candeal . 17 october 1 2008 participants set four new records on candeal . 18 january 22 2009 candeal and charles river help canadian firms address ni 24 101 . 19 june 1 2009 candeal introduces butterfly trading to its marketplace . july 6 2009 candeal sets multiple new records for canadian electronic debt trading . 20 february 24 2010 candeal launches mobile fixed income pricing application for institutional professionals . 21 july 7 2010 candeal traded volume surpass 3 trillion 22 april 13 2011 candeal volumes surpass 4 trillion ; new record month and quarter set . 23 products edit candeal provides institutional investors with online access to liquidity for canadian debt securities as well as access to global marketplaces in the united states and europe operated by tradeweb . candeal utilizes the request for quote rfq trading protocol to trade the most active government securities and a commingled inventory based trading protocol for less active money market instruments . candeal created a multi dealer limit order protocol for trading fixed income securities . citation needed references edit major investment dealers agree to launch first multi dealer electronic trading system in canada . june 27 2001 candeal gets all clear from canadian regulators ; tmx takes stake . july 9 2002 basis100 announces sale of shares to candeal.ca . february 11 2003 candeal announces new trade clearing platform . august 19 2003 tsx datalinx to distribute candeal prices . june 4 2003 financial signs tsx datalinx for distribution of candeal market data and information on thomson one . february 11 2004 candeal deals 100 billion . october 10 2004 candeal celebrates major milestone . november 10 2005 trayport s globalvision platform powers candeal s revolution trading network . november 14 2005 thomson tradeweb and candeal in canadian fixed income trading venture aimed at european investors . september 21 2006 1 trillion traded on candeal . august 8 2007 candeal money market trading up over 200 % . november 13 2007 laurentian bank securities joins candeal s money market platform . january 15 2008 candeal introduces new client viewer . february 5 2008 candeal announces record canadian money market volumes . august 20 2008 candeal trading soars through new milestones . september 3 2008 participants set new volume record on candeal . september 23 2008 participants set four new records on candeal . october 1 2008 candeal and charles river help canadian firms address ni 24 101 . january 22 2009 candeal sets multiple new records for canadian electronic debt trading . july 6 2009 candeal launches mobile fixed income pricing application for institutional professionals . february 24 2010 candeal traded volume surpass 3 trillion july 7 2010 candeal volumes surpass 4 trillion ; new record month and quarter set april 13 2011 retrieved from https en.wikipedia.org w index.php title candeal & oldid 734610698 categories financial services companies of canadahidden categories all articles with unsourced statementsarticles with unsourced statements from october 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 15 august 2016 at 14 31 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view