A cable retaining device is suitable for retaining flexible cables at high load tensions. The device includes: a body including a void having a width that tapers from a wider rearward end to a narrower forward end; and a wedge shaped plug, capable of slidable insertion at least partially into said void. The wedge and the plug define at least one channel between them, said channel capable of receiving a cable. The channel is tapered from a narrower rearward orifice to a wider forward orifice. The invention also includes a system of the cable retaining device together with a high-tension polymer cable, said system suitable for surgical use. Furthermore, the invention includes the method of fastening cable with the cable retaining device of the invention. In one embodiment the device retains a looped cable by engaging two cable ends.