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Press Release | May 21, 2015

Receivables Exchange Appoints James Toffey as Chief Executive

Receivables Exchange, the electronic marketplace for the sale of corporate accounts receivable, today announced the appointment of James W. Toffey as the company’s Chief Executive Officer. Toffey was also appointed to the company’s Board of Directors. Mr. Toffey joins Receivables Exchange from GFI, where he spearheaded its burgeoning services operating electronic marketplaces for traders and […]

Press Release | Nov 11, 2014

The Receivables Exchange Achieves Significant Volume Increase through Q3, 2014

The Receivables Exchange announces that its electronic platform for selling trade receivables generated over $3.5bn in funded volume since inception. This marks a significant milestone in the growth of sellers and buyers transacting on the exchange. About Receivables Exchange (RecX) The Receivables Exchange is the leading online exchange for the sale and purchase of accounts […]

Press Release | Aug 5, 2013

The Receivables Exchange Rings NYSE Closing Bell® In Recognition of Achieving $1 Billion in Funded Volume on TRE’s Corporate Receivables Program

On Monday, August 5 executives and guests of New York, NY-based, The Receivables Exchange (TRE), an online exchange for the sale and purchase of accounts receivable, will visit the New York Stock Exchange (NYSE). Partners, employees, and clients of TRE, will ring the NYSE Closing Bell in recognition of achieving $1 billion of funded volume […]

Press Release | Jun 26, 2013

NYSE Euronext and The Receivables Exchange Renew Strategic Partnership to Jointly Market Corporate Receivables Program

NYSE Euronext and The Receivables Exchange announced the renewal of their strategic alliance to market TRE’s Corporate Receivables Program to potential accounts receivable sellers, including New York Stock Exchange-listed companies. This comes as CRP surpasses $1 billion of corporate accounts receivables sold on the platform, reflecting the value for companies of having access to cost competitive capital through diverse sources of liquidity.