With the assistance of the Central Bank and Arthur Cox, Danske Bank formally agreed to operate quistclose segregated accounts services for Credebt Exchange® . This protects Exchange Members…
Author: BlogMaster
Arthur Cox Appointed
After many months of careful selection, Arthur Cox has been selected as legal advisors to Credebt Exchange®. As one of Ireland’s leading law firms…
Strategy Agreed
The three strand market strategy was finalised today by the interim executive committee. Resulting from this, several strategic appointments were agreed…
Danske Bank appointed
Today, the decision was taken to appoint Danske Bank as bankers to Credebt Exchange® Limited …
Deloitte appointed
Today, Deloitte were appointed to provide audit, financial advice, risk management, tax services and trading system validation services to Credebt Exchange® Limited …
First System Release
The first Credebt Exchange® test system was delivered today with testing to commence early in July. Security will be protected using Digi-Access™ two factor …
System Architecture
The overall architecture of Credebt Exchange® is finalised ready for production and line programming. The system’s language, structure, design, flow and detailed specifications are all completed…
Development Commences
Continuing its research in parallel, the development of Credebt Exchange® begins with the emphasis on using an ECN with high-speed transactions, ease of use and military-grade security…
Research Commences
Credebt Exchange® market research begins by focusing on investment vehicles and strategies used by larger corporations using ECN and OTC fixed income markets…
Solving the Credit Issue
The founders of Credebt Exchange® commit to solving the issue using their business experience, their knowledge of the financial markets…
Credit Crisis Deepens
Founders of Credebt Exchange® continue to monitor the availability of credit, specifically as it relates to the Small & Medium Enterprise [SME] sector. The debt situation worsens
GLI Finance AIM: GLIF
Today and subject to final contract, GLI Finance Limited (AIM: GLIF) signed an agreement to act as the lead Investor to provide €25.0m of funding to the Exchange. This will bring the total year-to-date funding on the Exchange to €30.m and provides for a further capacity to purchase in excess of €150.0m ETR during 2014.… Continue reading GLI Finance AIM: GLIF