LSEG incorporates CanDeal pricing into its Canadian fixed income indices

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CanDeal Data & Analytics (“CanDeal DNA”), Canada’s leading provider of data and information services, has expanded its relationship with LSEG businesses, FTSE Russell and Refinitiv.

CanDeal DNA’s proprietary bond pricing is now integrated into all Canadian fixed income indices from index provider FTSE Russell, and across Refinitiv’s content channels. The addition of 80,000 prices will provide clients of both LSEG businesses with more accurate prices for the Canadian bond market, while reinforcing CanDeal’s DNA as the primary source of Canadian bond prices.

Paul Bowe

Paul Bowes, Country Head of FTSE Russell, said: “CanDeal DNA has led the charge in delivering best-in-class OTC pricing and analytics solutions, even amidst the uncertainty the industry has experienced over the of the past two years. We are very excited to continue our relationship with the CanDeal DNA team to bring even greater industry alignment for market data products and improved market activity with CanDeal Markets.

David Bull, Head of Fixed Income Data Strategy at LSEG, said: “This is an exciting time to expand our relationship with CanDeal DNA and be a catalyst in this positive industry development that is unfolding. currently. Canadian bond markets are experiencing a strong injection of innovation, which promotes high efficiency and pricing accuracy. Providing the market with highly integrated fixed income price, benchmark and index data further meets the needs of our Canadian clients.

Andre Craig, President of CanDeal Data & Analytics, said, “Canadian market participants, particularly when it comes to fixed income securities, are experiencing an increased appetite for data and analytics to help participants better monitor, understand and manage their market exposure and risk. Building on our strong relationships with FTSE Russell and Refinitiv, we stay ahead of the industry innovation curve and the needs of both companies’ vast customer base.

About CanDeal Group

CanDeal Group is a leading provider of electronic markets and data services for Canadian dollar debt securities and derivatives. CanDeal Data & Analytics (“CanDeal DNA”) provides the most comprehensive and accurate OTC content provided by dealers, providing pricing, analysis and benchmark data to industry market participants, supplier channels and solution providers. CanDeal’s Markets division, which accounts for more than 90% of electronic transactions in Canada, provides access to a large pool of liquidity for Canadian government, agency, provincial and corporate bonds, as well as money market instruments and interest rate swaps. CanDeal Markets also provides Canadian institutional investors with electronic access to liquidity in non-Canadian debt and derivatives markets. CanDeal Solutions provides issuer and KYC platforms for the Canadian market. 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. For more information, visit https://candealdna.com/.

About FTSE Russell, an LSEG business

FTSE Russell is a global index leader providing innovative benchmarking, analytics and data solutions to investors around the world. FTSE Russell calculates thousands of indices that measure and compare markets and asset classes in over 70 countries, covering 98% of the global investment market.

The expertise and products of the FTSE Russell Index are widely used by institutional and retail investors around the world. Around $16 trillion is currently indexed to the FTSE Russell indices. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen the FTSE Russell indices to benchmark their investment performance and create ETFs, structured products and derivatives based on indices.

A set of universal principles guides the design and management of the FTSE Russell Index: a transparent rules-based methodology is informed by independent committees made up of leading market participants. FTSE Russell focuses on applying the highest industry standards in index design and governance and adheres to the principles of IOSCO. FTSE Russell is also focused on index innovation and client partnerships as it seeks to improve the breadth, depth and reach of its offering.

FTSE Russell is 100% owned by the London Stock Exchange Group. For more information, visit www.ftserussell.com.

About Refinitiv, an LSEG Company

Refinitiv, a London Stock Exchange Group (LSEG) company, is one of the world’s largest providers of financial market data and infrastructure. With more than 40,000 customers and 400,000 end users in 190 countries, Refinitiv powers participants in the global financial market. We provide information, insights and technology that enable clients to execute critical investing, trading and risk decisions with confidence. By combining a single open platform with best-in-class data and expertise, we connect people to choice and opportunity – driving performance, innovation and growth for our customers and partners. For more information, visit https://www.refinitiv.com/en.

Source: CanDeal Group

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