CanDeal Leverages Canadian Data Pooling Model to Build Data & Analytics Business
DNA will use CanDeal's unique position-capturing data from the country's top broker-dealers to create new data services.
Canadian dealer-backed fixed income and derivatives trading platform CanDeal has launched a data arm, dubbed CanDeal DNA (Data & Analytics), which will provide various OTC pricing and data services, as well as running the FRTB-inspired data pooling service that CanDeal launched last year.
At the start of August, DNA began offering composite and evaluated pricing for bonds, aimed at funds and index calculation agents, with price snapshots at 1pm, 3pm, 4pm, and end-of-day each day, based on
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