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DelphX Announces Changes To Its Board Of Directors
DelphX Announces Changes To Its Board Of Directors Canada NewsWire NEW YORK, Apr...
About this update from Delphx Capital Markets, Inc.
[{"type":"text","content":"\n\n\n\nDelphX Announces Changes To Its Board Of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nNEW YORK, April 26, 2019\n\n\n\nNEW YORK, April 26, 2019 /CNW/ -- DelphX Capital Markets Inc. (TSXV: DELX) (\"DelphX\") announced today the election of Patricia Ziegler, the Company's President and CEO,  as a director and member of the DelphX Board of Directors, pending approval by the TSX Venture Exchange. The Company also announced the resignation of Stephen Bacso from his position as a director and officer. Mr. Bacso will, however, continue to serve DelphX as a consultant. \n\n \n \n\n \nAbout DelphX: \nDelphX is a technology and financial services company focused on optimizing credit markets. Its Cloud-based technology, actuarial science and reinsurance protocols enable fixed income dealers to offer new Rule 144A securities that optimally transfer and diffuse credit risk. The new DelphX platform will be regulated by the SEC and enable dealers to competitively structure, sell and make markets in: \nCovered Put Options (CPOs) that provide secured default protection for underlying corporate, municipal and sovereign securities, with each CPO strike-price equaling the par value of its underlying security Covered Reference Notes (CRNs) that enable credit investors to take on the default exposure of a single underlying security or optionally participate in a pool of diversified risks that broadly diffuses the impact of credit events. All CPOs and CRNs will be collateralized by investment grade assets held in custody by an independent custodian. \nFor more information about DelphX, please visit www.delphx.com.\nForward-Looking StatementsThis news release contains certain \"forward-looking statements\" including, without limitation, statements regarding the launch of the DelphX platform. Such forward-looking statements involve risks and uncertainties, both known and unknown. The results or events depicted in these forward-looking statements may differ materially from actual results or events. In addition to other factors a...