UNX Posting on SuperMontage
EXCHANGE TECHNOLOGIES
NEW YORK--Universal Network Exchange (UNX), an electronic agency broker, began posting its limit orders on Nasdaq’s SuperMontage Feb. 12, officials confirmed last week, making UNX one of the first firms to take advantage of a new Nasdaq policy allowing agency brokers and other order-entry firms to post to the new trading system.
UNX started testing Feb. 4, then joined in a "Street-wide" Saturday test with about 20 other SuperMontage participants Feb. 8., says Randy Abernethy, CEO of UNX, based
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