UNX Expands Execution Tools

"The new algorithms are already integrated into Catalyst and our clients are beginning to implement them today," says Thomas Kim, CEO of UNX.

Newly available is Knight's suite of algorithmic trading and smart-order routing strategies, including volume-weighted average price (VWAP), participation algorithms, as well as liquidity-seeking algorithms like FAN, Oasis, Covert and Sumo.

The new offering is the latest phase in UNX's long relationship with Knight Capital, according to Kim. UNX has

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