CanDeal

Laconic Appoints Nicola von Schroeter to Head up Strategic Alliances

Retrieved on: 
Monday, March 18, 2024
Carbon, Honor, Organization, Entrepreneurship, Partnership, SVP, Capilano University, Management, University, Head, NCM, IIROC, Senior, NDC, Morgan Stanley, Queen's University, Patent, Data management, CanDeal, Cryptocurrency

CHICAGO, March 18, 2024 /PRNewswire/ -- Laconic Infrastructure Partners Inc. (Laconic), announced that Nicola von Schroeter will lead Laconic's partner program as Senior Vice-President of Strategic Alliances.

Key Points: 
  • CHICAGO, March 18, 2024 /PRNewswire/ -- Laconic Infrastructure Partners Inc. ( Laconic ), announced that Nicola von Schroeter will lead Laconic's partner program as Senior Vice-President of Strategic Alliances.
  • In her position as SVP Strategic Alliances, Ms. von Schroeter will play a key role in building relationships with strategic players operating in the carbon market ecosystem.
  • "Since working with Laconic's leadership team to define this strategy, it is the right time for the deployment of financial markets infrastructure through collaborative initiatives to help Paris member nations achieve their NDC goals," said Nicola von Schroeter, SVP of Strategic Alliances, Laconic.
  • Prior to Laconic, Ms. von Schroeter provided strategic consulting services to CEOs of fintech startups.

TMX Datalinx Announces Production Date for Distribution of Term CORRA Reference Rates

Retrieved on: 
Thursday, August 10, 2023
Benchmark, Ontario Securities Commission, TMX Group, CanDeal, Term, AMF, Information services, TMX, OSC, Financial adviser

TORONTO, Aug. 10, 2023 /CNW/ - TMX Datalinx®, TMX Group's information services division, today announced the production date of September 5, 2023, for the distribution of new Term CORRA (Canadian Overnight Repo Rate Average) reference rates.

Key Points: 
  • TORONTO, Aug. 10, 2023 /CNW/ - TMX Datalinx®, TMX Group's information services division, today announced the production date of September 5, 2023, for the distribution of new Term CORRA (Canadian Overnight Repo Rate Average) reference rates.
  • The launch of CanDeal/TMX Term CORRA (Term CORRA) supports Canada's financial industry transition from the Canadian Dollar Offered Rate (CDOR), the current key interest rate benchmark, to a new risk-free, transaction-based benchmark, scheduled for June 2024.
  • "We are excited to work with the CanDeal team in the distribution of the Term CORRA benchmark, and to explore further opportunities for new products based on Term CORRA."
  • Term CORRA is calculated and administered by CanDeal Benchmark Solutions and exclusively licensed and distributed by TMX Datalinx.

LSEG Integrates CanDeal Pricing into Its Canadian Fixed Income Indexes

Retrieved on: 
Wednesday, September 21, 2022
CIBC, Issuer, CPSS-IOSCO Principles for Financial Market Infrastructures, Efficiency, London Stock Exchange Group, Risk, CIBC World Markets, LSEG, Growth, RBC Capital Markets, FTSE Russell, Industry, FTSE, Government, ETF, TD Securities, IOSCO, KYC, OTC, Technology, Appetite, Solution, Market, TMX Group, Information services, Index, CanDeal, TD, Industrial design, Clockmaker, Oil, Security (finance), Refinitiv

TORONTO, Sept. 21, 2022 /PRNewswire/ -- CanDeal Data & Analytics ("CanDeal DNA"), the leading provider of Canadian data and information services, has expanded its relationship with LSEG businesses, FTSE Russell and Refinitiv.

Key Points: 
  • CanDeal DNA's proprietary bond pricing is now integrated into all Canadian fixed income indexes of index provider FTSE Russell, and across the content channels of Refinitiv.
  • The addition of 80,000 prices will provide customers of the two LSEG businesses withmore accurate pricing for the Canadian bond market, while reinforcing CanDeal DNA as the primary source for Canadian bond pricing.
  • Canadian bond markets are experiencing a heavy injection of innovation, which is fostering great efficiency and pricing accuracy.
  • Providing highly integrated fixed income pricing, reference and index data to the market further supports the needs of our Canadian clients."

Canadian Banks Partner with CanDeal to Deliver Industry-wide KYC Solution

Retrieved on: 
Monday, June 27, 2022
Royal Bank, Scotiabank, TD, CIBC, Solution, CEO, Canadian Imperial Bank of Commerce, KYC, Bank, RBC Capital Markets, TD Securities, Commerce, Office of the President of the Philippines, Industry, Royal Bank of Canada, Bank of Montreal, Compliance, Market share, Risk, Market, Technology, EVP, Entrepreneurship, CIBC World Markets, National Bank of Canada, Government, National bank, CanDeal, TMX Group, Cryptocurrency, Security (finance)

TORONTO, June 27, 2022 /PRNewswire/ --CanDeal Group ("CanDeal"), a leading operator of Canadian market and infrastructure services, has partnered with five of Canada's largest domestic banks to deliver a comprehensive, centralized Know Your Client ("KYC") solution to the Capital Markets Industry.

Key Points: 
  • TORONTO, June 27, 2022 /PRNewswire/ --CanDeal Group ("CanDeal"), a leading operator of Canadian market and infrastructure services, has partnered with five of Canada's largest domestic banks to deliver a comprehensive, centralized Know Your Client ("KYC") solution to the Capital Markets Industry.
  • This is an industry collaboration at its finest," said Jayson Horner, Co-Founder, President and CEO of CanDeal Group.
  • CanDeal Markets also delivers Canadian institutional investors with electronic access to liquidity in non-Canadian debt and derivative marketplaces.
  • CanDeal Solutions delivers pricing and analytics services that support business, trading, and technology needs for participants in the Canadian market.

Tradeweb Announces First Fully Electronic SOFR Swap Spread Trade

Retrieved on: 
Thursday, July 8, 2021
Banking, Professional services, Finance, Swaps, Finance, Money, Tradeweb, Economy, Swap Execution Facility, Interest rate swap, SOFR, Derivative, Financial market, Spread trade, CanDeal

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade.

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade.
  • BlackRock and J.P. Morgan were counterparties to the trade on the Tradeweb Swap Execution Facility (TW SEF).
  • Executing the first SOFR Swap Spread over Tradeweb is an important market milestone as SOFR liquidity and market volumes continue to grow.
  • Swap spread trades are considered a structurally important segment of the interest rates derivatives market, and represent approximately 10% of the USD derivatives market.1
    Tradeweb launched interest rate swap trading in 2005, and numerous market firsts have been executed on the firms award-winning SEF, including the first electronic swap compression trade, electronic swaptions trading, electronic cleared inflation swap and multi-asset package trades.

Tradeweb Reports Volume of $19.6 Trillion in May

Retrieved on: 
Thursday, June 3, 2021
Banking, Professional services, Finance, Tradeweb, Companies, Service companies, Economy of New York City, Draft:Lee Olesky, CanDeal

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for May 2021 of $19.6 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for May 2021 of $19.6 trillion (tn).
  • Average daily volume (ADV) for the month was $980.4 billion (bn), an increase of 23.9 percent (%) year over year (YoY).
  • Lee Olesky, Tradeweb CEO, said: "The secular trend towards more electronic trading and digital workflows continued at an accelerated pace in May.
  • Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets.

TMX Group Releases 2020 Environmental, Social and Governance Report

Retrieved on: 
Thursday, May 13, 2021
Economy of Canada, Economy of Toronto, Finance, TMX Group, Toronto Stock Exchange, TSX Venture Exchange, Canadian Depository for Securities, TMX, Money, Futures exchanges, Montreal Exchange, CanDeal

TMX Group\'s key operations include Toronto Stock Exchange , TSX Venture Exchange , TSX Alpha Exchange , The Canadian Depository for Securities , Montral Exchange , Canadian Derivatives Clearing Corporation , and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.

Key Points: 
  • TMX Group\'s key operations include Toronto Stock Exchange , TSX Venture Exchange , TSX Alpha Exchange , The Canadian Depository for Securities , Montral Exchange , Canadian Derivatives Clearing Corporation , and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.
  • TMX Group is headquartered in Toronto and operates offices across North America (Montral, Calgary, Vancouver and New York), as well as in key international markets including London and Singapore.
  • For more information about TMX Group, visit our website at www.tmx.com .
  • Follow TMX Group on Twitter: @TMXGroup .\n'

CanDeal Data & Analytics Acquires CIBC Fixed Income Data Business

Retrieved on: 
Tuesday, March 9, 2021
CanDeal, Canadian Imperial Bank of Commerce, Pricing, Economy of Toronto, Companies, Economy of Canada

TORONTO, March 9, 2021 /PRNewswire/ --CanDeal Data and Analytics (CanDeal DNA), a leading provider of Canadian financial markets' OTC data and information services, has acquired Canadian Imperial Bank of Commerce (CIBC)'s fixed income data business.

Key Points: 
  • TORONTO, March 9, 2021 /PRNewswire/ --CanDeal Data and Analytics (CanDeal DNA), a leading provider of Canadian financial markets' OTC data and information services, has acquired Canadian Imperial Bank of Commerce (CIBC)'s fixed income data business.
  • In addition to enhancing the scope of bond data provided to DNA, CIBC's fixed income clients will become CanDeal DNA clients.
  • The acquisition will provide CanDeal DNA clients with a more expansive pool of fixed income data, while transitioning existing CIBC's fixed income clients to a multi-dealer suite of bond pricing and liquidity analytics.
  • CanDeal Data and Analytics ("CanDeal DNA") delivers pricing and analytics services that support business, trading and technology needs for participants in the Canadian market.

CanDeal's DataVault Innovations delivers Canadian banks 400+% increase in FRTB modellability

Retrieved on: 
Wednesday, February 26, 2020
Digital technology, Computing, CanDeal, FRTB, Market data, DataVault, Economy, Amazon Web Services

The new platform, developed in partnership with Canadian technology provider, TickSmith delivers both regulatory compliance and a data distribution platform.

Key Points: 
  • The new platform, developed in partnership with Canadian technology provider, TickSmith delivers both regulatory compliance and a data distribution platform.
  • "TickSmith has been a great partner in the development of a robust data pooling platform that helps Canadian banks meet FRTB requirements.
  • DataVault Innovation's use of an AWS infrastructure provides the banks with the highest level of security with encryption at-rest and in-flight.
  • CanDeal Solutions delivers pricing and analytics services that support business, trading and technology needs for participants in the Canadian market, including DataVault Innovations, the market data hub.

Charles River and Tradeweb Expand Multi-Asset Trading Collaboration

Retrieved on: 
Monday, September 30, 2019
Professional services, Technology, Software, Finance, Banking, Tradeweb, CanDeal

Charles River Development, a State Street Company, and Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets today announced an expansion of their collaboration to provide mutual clients with direct access to fixed income inventory and streamlined workflows from the Charles River Investment Management Solution ( Charles River IMS ).

Key Points: 
  • Charles River Development, a State Street Company, and Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets today announced an expansion of their collaboration to provide mutual clients with direct access to fixed income inventory and streamlined workflows from the Charles River Investment Management Solution ( Charles River IMS ).
  • The collaboration enables institutional and retail investment firms to seamlessly source cross product liquidity available on Tradeweb from the Charles River Inventory Hub and Order and Execution Management System ( OEMS ) for global fixed income securities.
  • Our growing collaboration with Tradeweb is based on their impressive track record of technological innovation and the breadth and depth of their institutional trading solutions, said John Plansky, CEO, Charles River.
  • We welcome the opportunity to expand our relationship with Charles River for the benefit of our mutual buy-side clients, said Lee Olesky, CEO, Tradeweb.