UNX Integrates Credit Suisse Advanced Execution Services (AES) and Algorithms into its Catalyst(R) Execution Management System (EMS)
Groundbreaking .NET framework and open Software Development Kit (SDK) lauded for speed of integration and broker-customizable content via Catalyst portal
NEW YORK, June 15 /PRNewswire/ -- UNX LLC, a leading provider of innovative trading technology solutions, is now offering access to Credit Suisse's acclaimed equity algorithms and electronic trading services through UNX's Catalyst® Portal and EMS.
Catalyst users also can access Credit Suisse's internal crossing network, Crossfinder, the #1 alternative trading system (ATS) in the U.S. by volume matched. Clients can send orders to Crossfinder directly, or through any trading strategy offered by Advanced Execution Services (AES), Credit Suisse's suite of algorithmic trading strategies, tools, and analytics.
The AES suite now offers individual algorithms that support core strategies, as well as more specialized tactical, portfolio, conditional and dark strategies, including Guerilla, Sniper, Pathfinder and Reserve.
"While Credit Suisse AES has always been an early adopter of important technology and trends that can benefit our clients, we believe UNX's Catalyst empowers all entities in the effort to maximize the capabilities and efficiency of an electronic trading offering," states Credit Suisse Spokesperson Guy Cirillo. "We are pleased with the speed and ease of the entire deployment process using Catalyst's revolutionary open technology, and look forward to harnessing the UNX SDK to increase our breadth of content and offerings."
"Credit Suisse AES is a major global provider of liquidity and algorithmic trading strategies, so UNX is excited to welcome them into our broker distribution network," states UNX CEO Thomas Kim. "And now that they're onboard, our 'plug and play' technology gives them the ability to add additional content and updates whenever they want — putting them in the driver's seat."
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®. UNX has offices in New York and Los Angeles.
About Catalyst
Catalyst is an electronic trading portal and broker-neutral execution management system (EMS) for single stock and portfolio trading for institutional clients. Built on open/modular architecture using the latest technology, Catalyst allows buy-side institutions and sell-side broker-dealers to create customized solutions using the UNX Software Development Kit (SDK). An independent 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.
©2010 UNX LLC Member FINRA/SIPC. All rights reserved. UNX and Catalyst are registered trademarks of UNX LLC.
SOURCE UNX LLC
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