Foreign and Colonial's Alan Line Sees FIX Coming to Smaller Firms

LONDON--Electronic trading network vendors will have to power the next tide of FIX users, says Alan Line, head of dealing at Foreign and Colonial (F&C). Line speaks with Investment Management Technology about F&C's recent decision to install Argenesis' Longview trade order management system and his trader's view of the state of FIX.

Line describes the takeup of FIX as akin to a game of leapfrog. "The large broker institutions promulgated FIX with the large asset managers," says Line. He