Linedata Services delivers UNX trading strategies over LongView

Source: Linedata Services

UNX, Inc., the market structure experts and independent agency brokerage, announced today a partnership to offer the firm's algorithmic strategies and tactical trading capabilities over LongView Trading, the industry's leading order management solution from Linedata Services.

Combining UNX's high-level tactical and execution capabilities with LongView Trading, the industry's most powerful multi-asset type order management system, provides buy-side clients with increased speed to market and lower overall trading costs.

The UNX trading platform is a consolidated, multi-broker resource for institutional traders seeking customizable trading solutions. It powers the MetaBook direct market access (DMA) user interface and a suite of proprietary, algorithmic market access (AMA) strategies – including VWAP, MetaPost and Stealth – which rapidly analyze market data, manage timing and market impact risks, and make intelligent order handling decisions. The UNX platform also provides access to multiple broker algorithms, including strategies from UBS and CSFB.

"We are very pleased to offer UNX's sophisticated trading strategies to our LongView Trading clients," said Annie Morris, senior vice president at Linedata Services, Inc. "Adding a leading execution management system such as UNX to our platform furthers our goal of providing seamless and dependable access to additional liquidity options for our clients."

"Buy-side investors rely on sophisticated trading algorithms and tactical capabilities to reduce the market impact of their trades, and help them reach or exceed their trading performance benchmarks," said Robert Wands, Managing Director and Head of Sales and Marketing at UNX. "Our relationship with Linedata provides clients with more options, more services and more opportunities for streamlined, efficient trade management."

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