LSEG integrates CanDeal pricing into Canadian fixed income indexes

Dan Barnes

CanDeal Data & Analytics (CanDeal DNA), the provider of Canadian data and information services, has expanded its relationship with LSEG businesses, FTSE Russell and Refinitiv.  

CanDeal DNA’s proprietary bond pricing will now be 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 should provide customers of the two LSEG businesses with more accurate pricing for the Canadian bond market, while reinforcing CanDeal DNA as the primary source for Canadian bond pricing.

Paul Bowes, country head of FTSE Russell, said, “CanDeal DNA has been leading the charge in driving best-in-class over-the-counter (OTC) pricing and analytics solutions, even amidst the uncertainty that the industry has experienced over the last couple of years. We’re very excited to further our relationship with the CanDeal DNA team to bring even greater alignment to the industry for both market data products and enhanced marketplace activity with CanDeal Markets.”

David Bull, head of fixed income data strategy at LSEG, said, “It is an exciting time to be expanding our relationship with CanDeal DNA and be an enabler in this positive industry evolution that’s currently taking place. 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.”

Andre Craig, president at CanDeal Data & Analytics, said, “Canadian market participants, especially related to fixed income, are experiencing an increased appetite for data and analytics to help participants better monitor, understand and manage their market exposure and risk. By building upon our strong relationships with FTSE Russell and Refinitiv, we’re staying ahead of the industry innovation curve and the needs of the expansive client base of both companies.”