UNX Appoints Thomas Kim as CEO and Secures Funding for Strategic Growth

    
    Funding led by Goldman, Sachs & Co. and Vernon & Park Capital





    
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<p><location>LOS ANGELES</location>, <chron>Nov. 17</chron> /CNW/ -- UNX LLC, a leading provider of innovative trading technology solutions, has appointed <person>Thomas Kim</person> as Chief Executive Officer.  It also has secured funding from Goldman, Sachs & Co. and Vernon & Park Capital along with some of its current investors.*</p>
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<p>The new funding will support the enhancement of UNX's broker-neutral electronic trading products and services, including its Catalyst® Portal and Execution Management System (EMS).  It will also fuel continued development of the firm's open technology platform, which allows for seamless integration between the buy side and sell side.</p>
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<p><person>Mr. Kim</person>, a veteran in electronic trading, most recently served as a Managing Director at Lehman Brothers and head of the Townsend Analytics trading services business (providers of the "RealTick" trading platform).  Prior to that, he was the Chief Operating Officer of TradingScreen Inc., an EMS provider.</p>
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<p>"The US Equity markets have undergone significant changes in the last 18 months, which has created tremendous opportunities for an open and flexible technology trading solution such as the Catalyst EMS," comments <person>Mr. Kim</person>.  "The dynamic nature of our technology means that UNX can provide nimble, customizable and meaningful solutions that will change the global EMS landscape.  I am honored to join the UNX team, and am eager to work with UNX's clients and partners during this exciting period of evolution," <person>Mr. Kim</person> adds.</p>
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<p>"UNX has experience in delivering innovative technology within the capital markets and continues to be a leader in providing broker-neutral products and services that complement the offerings of each broker-dealer," affirms Rishi Nangalia of Goldman Sachs Electronic Trading.</p>
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<p>"The electronic trading marketplace is undergoing material transformation that demands new technologies that can keep pace with the rapid speed of market evolution," states <person>Steve Brodsky</person>, Managing Director of Vernon & Park Capital.  "We are extremely enthusiastic about Catalyst, as it aims to redefine workflow between the buy side and the sell side in an open and cooperative manner. We are delighted to have Thomas on board to lead the company into a new period of growth and global expansion," he adds.</p>
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<p>UBS Investment Bank, another strategic partner in UNX, is equally enthusiastic about the next wave of UNX's evolution.  <person>Charlie Susi</person>, Americas Head of Direct Execution for UBS Investment Bank, states, "UNX's multi-broker platform provides trading clients with seamless access to a variety of execution management and analytical tools, while reducing the technology footprint on their desktops. Their open technology allows their broker partners to quickly integrate and deliver unique, differentiated offerings - giving the sell side greater efficiency, and the buy side greater speed and choice."</p>
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<p>*Financial Technology Partners LP and FTP Securities LLC acted as financial advisors</p>
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    About Catalyst®
    
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<p>UNX Catalyst is an electronic trading portal and broker-neutral execution management system (EMS) for equities and portfolio trading for institutional trading clients.  Built on the latest .NET and WPF technology from Microsoft® for flexibility and scalability, Catalyst is ideally suited to creating custom-tailored solutions for both the sell side and the buy side.  An independent offering, Catalyst streamlines multi-broker trading workflow and provides for greater efficiency in the markets.</p>
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    About UNX LLC:
    
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<p>UNX is an independent trading technology firm and agency broker providing advanced electronic trading solutions and premium services for institutional investors.  Its innovative, reliable technology streamlines trade operations and helps traders find best execution opportunities.  Traders can minimize market impact, reduce transaction costs and manage today's fragmented liquidity to their advantage.  The company's commitment to trading efficiency extends to its multiple, value-added products and services.  Founded in 1999, UNX has offices in New York and <location>Los Angeles</location>.</p>
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<p>© 2009 UNX LLC Member FINRA/SIPC. All rights reserved.  UNX and Catalyst are registered trademarks of UNX LLC.</p>
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For further information: Anne Aldrich, [phone], [email protected], for UNX