Chinook Capital Management Boosts Multi-Broker Trading With UNX Catalyst®

Fast-growing investment manager expands brokerage execution options with broker-neutral Execution Management System (EMS) and portal

Dec 15, 2010, 13:10 ET from UNX LLC

NEW YORK, Dec. 15, 2010 /PRNewswire/ -- Chinook Capital Management, an investment management firm in the Pacific Northwest, is expanding its electronic multi-broker trading capabilities with the Catalyst® EMS from innovative trading technology provider UNX (www.unx.com).

The buy-side firm specializes in Small Cap Growth equities, as well as managing accounts for High Net Worth Individuals.  With some $400 million--and growing--in assets under management, Chinook recently hired securities industry veteran Matt Steadman to spear-head trading technology initiatives.  Impressed by Catalyst's broker-neutral routing, TCA reporting and execution capabilities, Steadman chose to adopt it to complement Chinook's current in-house trading solution.

"Catalyst provides the portfolio trading functionality we need for execution and performance, as well as an established and ever-expanding network of broker-dealers," explains Steadman.

"Its open-technology framework and customizable interface also were crucial to our operations," he adds. "We can easily integrate new strategies and add new trading counterparties and destinations using UNX's advanced Software Development Kit (SDK)."

"Our technology is a great fit for a growing trading department like Chinook's," agrees UNX CEO Thomas Kim. "And the continued expansion of our global brokerage network ensures they'll have access to cutting-edge trading tools and premium partners in the future," Kim adds.

UNX recently enhanced the real-time benchmarking, portfolio and single-stock trading capabilities of its Catalyst EMS, and continues to integrate broker algorithms, portfolio trading and other electronic trading services into the Catalyst Portal.  Broker-dealer integrations include offerings from Credit Suisse AES, Fidelity Capital Markets, Goldman Sachs Electronic Trading, Knight and UBS Investment Bank.  

About UNX LLC

Founded in 1999, UNX is an independent trading technology firm and agency broker that provides advanced electronic trading technology for the institutional trading community through its open-architecture platform Catalyst®.   A broker-neutral offering, Catalyst streamlines multi-broker trading workflow and serves as an efficient delivery mechanism for broker-dealers and third-party vendors to distribute and update their offerings to clients.  UNX has offices in New York and Los Angeles.

©2010 UNX LLC Member FINRA/SIPC. All rights reserved.  UNX and Catalyst are registered trademarks of UNX LLC.

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