Delta One LLC and Dynamex Trading have launched a “transparent, liquid and actionable” equity finance marketplace, Delta One.
The new equity finance marketplace is designed to allow faster and more efficient comparison of rates, balance sheets and trading opportunities.
It is expected to launch on 1 July 2019, with existing Dynamex customers holding exclusive eligibility to the benefits available for stock loan market participants.
Delta One was founded in 2016, with the primary goal to bring transparency to the stock-lending marketplace while Dynamex Trading is a provider of options brokerage services for stock loan market participants.
Commenting on the new platform, Harris Bock, CEO of Dynamex and co-founder of Delta One, said: “All participants in Delta One will have equal access to our information, which was our goal from the very beginning.”
He added: “We wanted a human layer of protection between our users and the marketplace. To that end, trades will only consummate after a trader assesses fairness and context. We have always protected our customers’ financial interests and we will continue to do so through this new platform.”
