WandX establishes an infrastructure for decentralized creation and trading of ERC20 Tokens built on the Ethereum blockchain. The application allows users to create combinations of ERC20 Tokens (a Basket of Tokens) and trade the Basket by way of a single transaction. The platform has recently released the first version of decentralized exchange at exchange.wandx.co., as planned and mentioned in the WandX roadmap on its website.
Read more here - http://bitcoinist.com/blockchain-based-erc20-token-creation-trading-platform-wandx-releases-decentralized-exchange/