UNX Launches "Catalyst Marketplace" Financial App Store

NEW YORK, Dec. 20, 2011 /PRNewswire/ -- Disrupting the decades-old system of software distribution on Wall Street, open trading technology provider UNX (www.unx.com) is launching the "Catalyst Marketplace," an app store where virtually anyone, anywhere can download software from providers in the Marketplace. 

Now live, the Marketplace offers instant access to free, paid and trial-version apps from broker-dealers, trading firms, exchanges and software companies, where industry professionals can:

• Shop for brokerage solutions such as algorithms, order routing and analytics from various brokerages and investment banks around the world
• Stay abreast of breaking stories with programming from Bloomberg Television                            
• Purchase advanced trading analytics from a host of leading providers including QSG and Titan Trading Analytics
• Access investment research and recommendations like those provided by Zacks Research
• Download UNX's own Catalyst Execution Management System (EMS) for portfolio, single-stock and options trading and international order routing
• Procure financial quotes, news, charts, heat maps and other tools from leading providers

The Marketplace also represents a departure from the traditional trading technology business model in that UNX encourages outside developers to build applications for its open-architecture, broker-neutral trading platform, Catalyst, using the UNX Software Development Kit (SDK).  Once applications are ready for deployment, they can be distributed and accessed through the Marketplace.

UNX CEO Thomas Kim comments that "UNX's model of an open marketplace nurtures and promotes technology innovation without the customary limitations.  And our broker-neutral and open-source Marketplace truly facilitates best execution in that traders don't have to commit to a specific provider."

"Also, providers benefit from joining the UNX Marketplace because it offers worldwide distribution—enabling them to better monetize their products and extend services to a broader client base.  It's a conflict-free and unique value proposition for all involved," he adds.

UNX recently launched its Developer Center website, where Catalyst participants can customize plug-ins and update such offerings as algorithms without having to involve the UNX development team.  For example, NYSE Technologies is using the SDK to customize content and services for delivery to the global trading community via the Catalyst Marketplace.

For more information about the Marketplace and to download Catalyst, visit http://www.unx.com.

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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