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InvestmentPitch Media Video Discusses DelphX Capital Markets' Launch of Blockchain-Powered Cloud-Based Platform for Fixed Income Markets - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2019) -  DelphX Capital Market...
About this update from Delphx Capital Markets, Inc.
[{"type":"text","content":"InvestmentPitch Media Video Discusses DelphX Capital Markets' Launch of Blockchain-Powered Cloud-Based Platform for Fixed Income Markets - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - January 25, 2019) -  DelphX Capital Markets (TSXV: DELX), a technology and financial services company, has unveiled its new blockchain-powered Cloud-based platform for fixed income markets. Using the company's proprietary distributed-ledger technology, actuarial science and reinsurance protocols to diffuse credit default risk, fixed income dealers can structure new Rule 144A securities designed meet the investment, hedging and speculation needs of their institutional customers.InvestmentPitch Media has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"DelphX\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/All securities originated on the platform will be collateralized by cash and investment grade debt securities which will be held in custody by an independent custodian. Through the platform dealers can customize the terms of a new security, while concurrently negotiating its sale with potential purchasers, and make markets in all outstanding issues, without incurring capital costs or inventory limitations.The new DelphX platform, which will be regulated by the SEC and operated by DelphX Services Corporation, a FINRA member firm, facilitates the origination and trading of:• Covered 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; and• 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.Larry Fondren, Founder and CEO, stated: \"Our system is the first and only source of pre-funded default protection and is designed to restore the ability of dealers to profitably provide cost-effective protection and robust credit liquidity - with no adverse balance sheet impact. It also enables dealers to structure new securities that can be exchanged with counterparties for out...