logologo
  • Home
  • How it Works
    • Secured protection
    • Enhanced yields
    • Liquid speculation
    • Benchmark pricing
  • About
    • Our Team
    • Careers
    • Investors
    • FAQ
  • News and Views
  • Contact
  • Home
  • How it Works
    • Secured protection
    • Enhanced yields
    • Liquid speculation
    • Benchmark pricing
  • About
    • Our Team
    • Careers
    • Investors
    • FAQ
  • News and Views
  • Contact

Building a better credit market

Credit default risk has increased to alarming levels. Fixed income dealers can now offer investors a solution employing two new securities – one that hedges default risk and another that pays enhanced yields to holders willing to assume portions of that risk.

Costly sources of protection

In non-cleared CDS contracts, a single risk-holder bears the impact of loss upon a credit event. The cost of protecting against that risk has continued to increase – causing single-name protection to now be available for less than 200 issuer names.

CCP alternative is inefficient

Centrally-cleared CDS protection is an alternative, but the related risk is concentrated among a small number of clearing members. The resulting higher cost of the CCP model has not proven appealing to most market participants.

Investors need yield

The prolonged era of low credit yields has intensified the need for life insurers, pension funds and other institutional fixed income investors to lower their capital costs and seek alternative sources of yield.

Liquidity has dried up

Capital requirements and inventory holding costs have increased for dealers – reducing their ability to provide on-demand liquidity to investors.

Broad diffusion of risk
Lower cost of capital
Enhanced yields
Increased market liquidity

About DelphX

The DelphX market is transforming global capital formation by using Blockchain to build a better bond market for institutional investors around the world. As an unbiased service provider dedicated to optimizing credit markets around the world, DelphX offers investors a means to reduce their risk and achieve better yields to promote increased liquidity for both individual investors and the overall market.

Contact us

Canada

15 Prince Arthur Avenue, Toronto, ON M5R 1B2

Stay connected

Email us

Investor relations:
[email protected]

DelphX Corporation. Copyright © 2018. All rights reserved. Terms and Conditions