By James Langton

(December 5 – 09:30 ET) – Online bond dealer E-BOND is opening shop in Alberta.

E-BOND has been approved as a securities dealer in Alberta. The Toronto-based firm, which is a member of the Investment Dealers Association, has been operating in Ontario for about a year now.

Over the past year a couple of the major investment dealers have begun offering online bond trading to their clients, too, but E-BOND bills itself as the world’s first Web site providing individual investors with live two-sided markets in fixed income securities.

Its Web site allows an investor to view bids and offers for selected Canadian fixed income securities, trade them, and receive verification online.

E-BOND is also announcing that it has been appointed a lead member in the selling group of the Business Development Bank of Canada’s new issue Managed Futures Notes, Series N-3.