F&C to Go Electronic By Year's End
OPERATIONS AND STP
LONDON--F&C Management, the asset manager formerly known as Foreign & Colonial, is in the process of establishing full electronic connectivity with brokers.
Alan Line, director of dealing at F&C, says he is aiming to have between 70 and 80 percent of the firm's order flow electronic by the end of the year, although it will not fully replace phone trading.
The move is due to increased volumes and business complexity from having an increased amount of funds under management after its acquisition by
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