DelphX Expands Wholly-Owned Broker Dealer Operations Through Addition of Internal Sales Team
DelphX Expands Wholly-Owned Broker Dealer Operations Through Addition of Internal Sales Team
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, is adding a new vertical to its business operations (beginning in January 2024) through the creation of an in-house sales team. This operational expansion will leverage the reach of the Company's existing wholly-owned broker dealer and provide the potential for significantly improved margins on each transaction. DelphX is in the process of launching a novel Credit Rating Security (CRS) product, which will give bond holders and traders the ability to position against potential rating changes on existing bonds.
安大略省多伦多--(Newsfile Corp.-2023 年 12 月 20 日)- DelphX Capital Markets Inc.(多伦多证券交易所股票代码:DELX)(场外交易代码:DPXCF) (”delphX“)是为固定收益市场开发新类别结构性产品的领导者,正在通过成立内部销售团队,为其业务运营增加一个新的垂直领域(从2024年1月开始)。这种业务扩张将利用公司现有的全资经纪交易商的影响力,并有可能显著提高每笔交易的利润率。DelphX正在推出一种新的信用评级证券(CRS)产品,该产品将使债券持有人和交易者能够针对现有债券的潜在评级变化进行定位。
The sales team will operate out of the New York office and target institutional customers who can utilize the Company's credit rating securities as part of their trading or risk management. To facilitate this extension into a new revenue-generating vertical, DelphX has expanded its office footprint and is in the process of hiring registered and highly experienced sales professionals with track records serving institutional buyside accounts.
销售团队将在纽约办事处以外开展业务,目标是可以将公司信用评级证券用作交易或风险管理一部分的机构客户。为了促进将业务扩展到一个新的创收垂直领域,DelphX扩大了其办公室覆盖范围,并且正在招聘注册且经验丰富的销售专业人员,这些专业人员在为机构买方账户提供服务方面有良好的记录。
"We had some unforeseen, external delays in our initial CRS launch, but I am happy to report that we are now properly positioned for an official commercial transaction shortly," explained DelphX CEO Patrick Wood. "This extended launch process gave us some extra time to interact more closely with portfolio managers and trading desks, which convinced us that our best plan of action was to create a new vertical into our target customers via our own broker dealer. While we will continue to pursue working relationships with existing dealers, any business generated through our own sales department will enable DelphX to retain all revenue from each transaction, a major improvement over our original revenue-sharing model with outside dealers. In addition to dramatically improving our margins and revenue expectations, hiring experienced sales people with existing books of business creates a faster path to commercializing our product offerings and gives us better control over that process."
DelphX首席执行官帕特里克·伍德解释说:“我们在首次发布CRS时遇到了一些不可预见的外部延迟,但我很高兴地向大家报告,我们现在已经为不久的正式商业交易做好了充分的准备。”“延长的启动过程使我们有更多时间与投资组合经理和交易部门进行更密切的互动,这使我们相信,最好的行动计划是通过我们自己的经纪交易商为目标客户开辟一个新的垂直领域。尽管我们将继续与现有经销商建立合作关系,但通过我们自己的销售部门产生的任何业务都将使DelphX能够保留每笔交易的所有收入,这比我们最初与外部经销商的收益分享模式有了重大改进。除了显著提高我们的利润率和收入预期外,雇用具有现有业务账簿的经验丰富的销售人员可以更快地将我们的产品商业化,并使我们能够更好地控制这一过程。”
Management's goal is to have the new sales team in place in January 2024 to coincide with the first CRS transaction.
管理层的目标是在2024年1月成立新的销售团队,以配合第一笔CRS交易。
About DelphX Capital Markets Inc.
关于 DelphX Capital Markets Inc
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that optimally transfer and diffuse credit risk, while allowing the enhancement of yield. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
DelphX 是一家科技和金融服务公司,专注于开发和分销下一代结构性产品。通过其特殊用途工具 Quantem LLC,公司使固定收益交易商能够提供新的私募证券,以最佳方式转移和分散信用风险,同时提高收益率。新的DelphX证券将使交易商及其合格机构投资者(QIB)账户能够在以下领域进行具有竞争力的构建、出售和开拓市场:
- Collateralized put options (CPOs) that provide secured default protection or rating downgrade protection for underlying corporate, municipal and sovereign securities;
- 为标的公司、市政和主权证券提供有保障的违约保护或评级降级保护的抵押看跌期权(CPO);
- Collateralized reference notes (CRNs) that enable credit investors to take on the default or rating downgrade exposure of an underlying security in exchange for enhanced yield.
- 抵押参考票据(CRN),使信贷投资者能够承担标的证券的违约或评级降级敞口,以换取收益率的提高。
All CPOs and CRNs are fully collateralized and held in custody by BNY Mellon. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
所有CPO和CRN均由纽约梅隆银行全额抵押和保管。CPO 和 CRN 是 DelphX Capital Markets 创建和拥有的专有产品。
For more information about DelphX, please visit .
有关 DelphX 的更多信息,请访问 。
Patrick Wood, Chief Executive Officer
DelphX Capital Markets Inc.
帕特里克·伍德,首席执行官
DelphX 资本市场公司
(718) 509-2160
(718) 509-2160
Forward-Looking Statements
前瞻性陈述
This 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, that may cause actual results or events to be materially different from those expressed or implied by such forward-looking statements, including but not limited to, business, economic and capital market conditions, regulatory uncertainties, and the demand for our products. The forward-looking statements in this news release are based on factors and assumptions regarding, among other things, the state of the capital markets, the ability of DelphX to successfully manage the risks inherent in pursuing business opportunities in the financial services industry, and the ability of DelphX to obtain qualified staff, equipment and services in a timely and cost-efficient manner to develop its business. Any forward-looking statement reflects information available to DelphX as of the date of this news release and, except as may be required by applicable laws, DelphX undertakes no intent or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or results or otherwise.
本新闻稿包含某些 “前瞻性陈述”,包括但不限于关于推出 DelphX 平台的声明。此类前瞻性陈述涉及已知和未知的风险和不确定性,可能导致实际结果或事件与此类前瞻性陈述所表达或暗示的结果或事件存在重大差异,包括但不限于商业、经济和资本市场状况、监管不确定性以及对我们产品的需求。本新闻稿中的前瞻性陈述基于以下因素和假设:资本市场状况、DelphX成功管理在金融服务行业寻求商机所固有的风险的能力,以及DelphX及时以具有成本效益的方式获得合格员工、设备和服务来发展业务的能力。任何前瞻性陈述都反映了截至本新闻稿发布之日DelphX可获得的信息,除非适用法律另有要求,否则DelphX没有意图或义务更新或修改任何前瞻性陈述,无论是由于新信息、未来事件或业绩还是其他原因。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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