From MarketsWiki
Jump to navigation Jump to search

Headquarters Burbank, CA
Key People Thomas Kim, CEO
Website www.unx.com

UNX LLC is an independent trading technology firm and agency broker that provides advanced electronic trading technology solutions to a diverse client base which includes traditional asset managers, pension funds, hedge funds and sell side execution desks. UNX has offices in Burbank, California, and New York, New York.[1]

In November of 2009, UNX announced that the firm had secured funding from Goldman Sachs and Vernon & Park Capital, L.P.. The funding would go toward developing an open technology platform and Catalyst Portal, an execution management system (EMS).[2]

In May of 2010, UNX announced the firm had secured strategic investments from Broadhaven Capital Partners and the Matthew Pritzker Company to expand its multi-asset class trading offerings into the global capital markets.[3]


UNX was incorporated in 1999 as a provider of direct market access trading systems to an institutional client base. In 2000, the company launched Basket Trading Center, a web-based single-stock and portfolio trading platform for North American securities. That year, UNX also launched its smart routing and tactical order routing engine. In 2002, UNX acquired Embarcadero Securities and launched the Metabook Execution Management System. In 2009, UNX introduced the broker-neutral Catalyst platform and began the process of integrating trading algorithms of major broker-dealers into the UNX Marketplace.

Throughout 2010, UNX integrated equity algorithms and electronic trading services from Girard Securities, Goldman Sachs Electronic Trading, Mizuho Securities, Rosenblatt Securities and UBS Investment Bank into its trading connectivity network available through the Catalyst Portal. In 2010, UNX further expanded its broker network to include international equities trading. In 2011, UNX tied up with Titan Trading Analytics to provide behavioral research and trading strategies through the Catalyst Portal.

In of June 2011, Trading Technologies (TT) and UNX entered into a partnership through which UNX became the first third-party provider to offer a service on the NYSE Technologies Community Platform’s cloud infrastructure. Through its Community Platform, NYSE Technologies will distribute UNX’s broker-neutral, open-technology front-end, Catalyst to deliver data and services from the NYSE Technologies’ product portfolio to financial services firms. Services offered from inside the cloud and delivered through Catalyst would include global market data, trade analytics, order and execution information tools, indications of interest, advertised trades, and other data services, including trade and quote data, market imbalances and regulatory alerts.

Products and Services[edit]

Key People[edit]