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UNX Integrates Credit Suisse AES Algos into Catalyst EMS

Credit Suisse cites speed and ease of deployment of algos into UNX's EMS with ability to add broker customizable content and updetes.

UNX is now offering access to Credit Suisse’s equity algorithms and electronic trading services through UNX’s Catalyst Portal and EMS, according to today’s release.

Users of Catalyst, UNX’s electronic trading portal and broker-neutral execution management system, can also submit orders to Credit Suisse’s internal crossing network, Crossfinder, the No.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 Execution Services (AES), Credit Suisse’s suite of algorithmic trading strategies, tools and analytics.

“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 (software development toolkit) to increase our breadth of content and offerings,” stated Guy Cirillo, Credit Suisse spokesperson in the release.

UNX's CEO Thomas Kim welcomed Credit Suisse, a major provider of liquidity and algorithmic trading strategies, to UNX’s broker distribution network. “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,” commented Kim in UNX’s release.

Catalyst offers a .NET framework and open software development kit (SDK), which enables brokers to add customizable content and updates. Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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