UNX Releasing New Trading Tools
TRADING FLOOR TECHNOLOGIES
NEW YORK--Universal Network Exchange (UNX), a direct-access technology provider and agency brokerage, is preparing numerous upgrades to its Universal Brokerage Platform (UBP).
Earlier this quarter, UNX upgraded and released a new version of the UBP featuring the MetaECN "tactics engine," says CEO Randy Abernethy. MetaECN allows traders to execute functions, such as pegging orders to a particular Nasdaq market participant ID (MPID), across all ECNs, whether or not those ECNs natively support those
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