EMX Plans Enhancements To Fund Trading System

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LONDON--EMX Co., the UK-based ECN for mutual and investment funds, is planning the next stage of service enhancements to be introduced later this year.

Since its launch in June (IMT, June 26) the electronic trading network has continued to add to the number of counterparties that are using the system. To date EMX has some 22 fund product providers offering their range of funds over the network and some 18 financial intermediary firms.

Caroline Lee, chief executive of EMX Co., the operating

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