Quistclose Segregated Accounts

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…

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…

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