Algorithmic Rivals Make Peace

FRONT PAGE: NEWS ANALYSIS

NEW YORK—In the hot market for algorithmic-based execution, collaboration coupled with competition is becoming the key for firms large and small such as UNX, an independent electronic broker, which is partnering with Goldman Sachs.

Starting next month, UNX will offer clients access to the Goldman Sachs Algorithmic Trading (GSAT) suite via the UNX Open Algorithmic Network. This is part of a broader initiative to expand its algorithmic trading capabilities through a collaboration with a series of

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