Everett Capital Management and Bradley & Company Deploy UNX Catalyst® Platform for Trading
Catalyst's open architecture and Software Development Kit (SDK) give buy-side firms more control, flexibility and global access to industry solutions
NEW YORK, Aug. 23, 2011 /PRNewswire/ -- Everett Capital Management and Bradley & Company, two U.S.-based asset management firms, now power their electronic equities trading with the Catalyst Execution Management System (EMS) from innovative trading technology provider UNX (www.unx.com).
As an alternative asset manager that trades through multiple brokers globally, Everett Capital chose Catalyst for its open architecture and true broker neutrality.
"Now we can route to any broker's algos and any DMA destination for all our U.S. and international equity trading using just one platform," comments Everett Capital founder Todd Hurlbut. "And integration with our portfolio management system is seamless."
The buy-side firm also plans to capitalize on the Catalyst SDK to create a custom plug-in for portfolio calculations, as well as to access plug-ins and services available in the Catalyst Marketplace.
"Having recently signed up for behavioral analytics from Titan Trading, we're quite pleased with the ease and speed with which we can integrate other providers' content and services into our trading desk," Hurlbut states.
Private wealth management firm Bradley & Company affirms the unique value the Catalyst platform delivers to all trading participants in the global capital markets.
"By offering an advanced EMS with the ability to tie in applications from other providers, UNX has engineered a next-generation tool that benefits the entire industry," states Mike Bradley, founder and managing partner of Bradley & Co. "It creates a marketplace where the buy side, vendors, brokers and exchanges can extend services to a broader client base through an App," he explains. "This, in turn, allows traders to customize a trading environment that best meets their individual needs."
UNX CEO Thomas Kim agrees, stating that "Our ultimate goal is to build a global ecosystem of market participants who can access any trading technology from any broker, vendor or exchange from anywhere in the world."
"Furthermore, we believe the extension of our SDK to the community to create custom plug-ins will drive innovation and ignite competition in the financial markets—just as open platforms have done for the smart phone industry," Kim adds.
NYSE Technologies recently announced it will distribute Catalyst globally as the framework for access to NYSE's trading and data services. And UNX continues to integrate algorithms and other brokerage electronic trading services into the Catalyst platform, including the latest offerings from Credit Suisse AES, Fidelity Capital Markets, Goldman Sachs Electronic Trading, INTL Trading, Knight and UBS Investment Bank.
UNX also is working with third-party vendors who wish to distribute their offerings via the Catalyst Marketplace for use by Catalyst clients. Recent Marketplace participants include QSG, International Class Actions Management (ICAM) and Titan Trading Analytics.
About UNX LLC
Founded in 1999, UNX is an independent trading technology firm and agency broker that provides advanced electronic trading technology for the institutional trading community through its open-architecture platform Catalyst®. A broker-neutral offering, Catalyst streamlines multi-broker trading workflow and serves as an efficient delivery mechanism for broker-dealers and third-party vendors to distribute and update their offerings to clients. UNX has offices in New York and Los Angeles.
©2011 UNX LLC Member FINRA/SIPC. All rights reserved. UNX and Catalyst are registered trademarks of UNX LLC.
SOURCE UNX
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