UNX Adds JMP Securities and Sterne, Agee and Leach to Catalyst® Broker Connectivity Network
Routing to investment banks' equity trading services now live on UNX's Catalyst Execution Management System (EMS)
NEW YORK, May 17, 2011 /PRNewswire/ -- UNX LLC (www.unx.com), a leading provider of innovative trading technology solutions, now provides direct access from its Catalyst trading platform to the cash equities desks at JMP Securities and Sterne, Agee and Leach.
The integrations further extend the choice of order execution opportunities available to Catalyst users, who enjoy streamlined access to all destinations through a single, broker-neutral platform. According to UNX CEO Thomas Kim, the two investment banks were added to the Catalyst broker connectivity network at the request of Catalyst users themselves.
"These latest additions to UNX's broker-dealer partnership and distribution network underscore the value of Catalyst's broker-neutral, open-technology platform to both the buy and sell sides," Kim comments.
"Catalyst EMS users benefit from a wider choice of execution destinations, and the sell side can leverage the broker-neutral Catalyst platform as a distribution channel to extend their product offerings to a greater segment of the institutional trading community. And our Software Development Kit (SDK) allows brokers to continually introduce more value-add content and services, thus creating more meaningful trading solutions for their clients," he explains.
UNX continues to integrate algorithms, portfolio trading and other brokerage electronic trading services into the Catalyst platform. Among some of the most recent broker-dealer integrations are offerings from Credit Suisse AES, Fidelity Capital Markets, Goldman Sachs Electronic 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. New Marketplace participants include Quantitative Services Group (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 LLC
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