Business
DelphX Connects to Thomson Reuters for Real-Time Cloud Data Services
DelphX Connects to Thomson Reuters for Real-Time Cloud Data Services Canada NewsWi...
About this update from Delphx Capital Markets, Inc.
[{"type":"text","content":"\n\n\n\nDelphX Connects to Thomson Reuters for Real-Time Cloud Data Services\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, July 18, 2018\n\n\n\nFacility will provide robust Elektron Data Feeds for DelphX pricing of new CPO, CRN and Underlying Securities\n\n\n\nNEW YORK, July 18, 2018 /CNW/ -- DelphX Capital Markets Inc. (DELX.V) (\"DelphX\") announced today that it is working with Thomson Reuters to price its new CDS-alternative securities that are designed to enable credit investors to hedge risk, enhance yield and lower their exposures though risk-pooling.\n\n\n \n \n\n \n\"We needed a solution that could integrate easily with our distributed systems and accommodate low latency incoming flows of market-pricing data. We found the Elektron Data Platform cloud delivery to be ideal for our purposes,\" stated DelphX CTO, Stephen Bacso.\n\n\"Innovative businesses like DelphX need comprehensive and robust data to power their applications and serve their clients,\" said Brennan Carley, Global Head of Enterprise Proposition & Product at Thomson Reuters Financial & Risk. \"We've made it simpler to access our data in the cloud so customers can move faster in testing and building exciting new business models.\" \n\nThe Elektron connection will enable DelphX to deliver continuous quote and trade pricing for primary and secondary market transactions negotiated within its ATS market for new and outstanding Covered Put Option and Covered Reference Note securities. \n\nAbout DelphX: \n\nDelphX is a technology company focused on optimizing fixed income markets around the world by transforming the way credit capital is secured. It is developing a blockchain-powered solution employing proprietary distributed ledger technology and actuarial science to facilitate broad diffusion of credit default risks. The new DelphX alternative trading system (\"ATS\") market will be regulated by the SEC and operated by DelphX Services Corporation, a FINRA member firm, to facilitate the negotiation, purchase and trading of two new forms of Smart Contract se...