UNX Posts Limit Orders Directly on NASDAQ's SuperMontage

New York, NY - February 24, 2003 - UNX, Inc., the pioneering Universal Brokerage firm and market structure experts, today announced that clients
can now post limit orders directly on SuperMontage through the company's
Universal Brokerage institutional trading platform. In the past, agency
brokerages were required to route orders through electronic communications
networks (ECNs) and market makers to post liquidity on NASDAQ's trading

Under new rules effective February 10, 2003, all NASD-member broker-dealers
now have equal access to NASDAQ's trading system. Order entry firms and Wall
Street proprietary and program trading desks can post liquidity directly on
SuperMontage anonymously. UNX has a strong track record of providing an edge
to its clients by rapidly adopting critical new aspects of the U.S. equity
market infrastructure.

Through the Universal Brokerage platform, UNX clients can post limit orders
directly on SuperMontage as easily as they can post on any other destination
to which UNX is connected, including ECNs, exchanges and other market
centers. Additionally, clients can place Reserve orders on SuperMontage, and
will soon be able to place Pegged and Discretionary orders as well.

"At UNX, we take great pride in our ability to offer cutting-edge direct
access trading solutions that bring an advantage to our client's trading
activities," said Randy Abernethy, CEO of UNX. "The ability to display orders directly on SuperMontage complements our existing broad suite of liquidity pools to which clients can currently post through the UNX platform."

Media contact:
Damon Leavell
973-267-8800 x23

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