Listen to a Business English Dialogue About Canadian dealing network
Eugene: Hi Gabrielle, have you heard of the Canadian Dealing Network in finance?
Gabrielle: Yes, I think it’s a platform where Canadian companies can trade stocks and other securities.
Eugene: That’s correct. The Canadian Dealing Network provides a marketplace for buying and selling securities issued by Canadian companies.
Gabrielle: How does the Canadian Dealing Network differ from other stock exchanges?
Eugene: The Canadian Dealing Network focuses specifically on securities issued by Canadian companies, whereas other stock exchanges may include securities from companies around the world.
Gabrielle: Can anyone trade on the Canadian Dealing Network?
Eugene: No, typically, only registered brokers and dealers can trade on the Canadian Dealing Network on behalf of their clients.
Gabrielle: Are there any regulations governing the Canadian Dealing Network?
Eugene: Yes, the Canadian Dealing Network is regulated by securities commissions and other regulatory bodies to ensure fair and orderly trading.
Gabrielle: How does trading on the Canadian Dealing Network affect Canadian businesses?
Eugene: Trading on the Canadian Dealing Network provides Canadian businesses with access to capital and liquidity, allowing them to raise funds and grow their operations.
Gabrielle: Is the Canadian Dealing Network the only stock exchange in Canada?
Eugene: No, there are other stock exchanges in Canada, such as the Toronto Stock Exchange (TSX) and the TSX Venture Exchange, which also facilitate trading of securities.
Gabrielle: Thanks for explaining, Eugene. The Canadian Dealing Network sounds like an important platform for Canadian companies to access capital.
Eugene: Absolutely, Gabrielle. It plays a crucial role in the Canadian financial market by providing a venue for trading securities issued by Canadian companies.