Screen routing grows in popularity at London exchange
Man Financial has been considering joining those London
Metal Exchange (LME) ring dealers that have introduced
electronic order routing systems, according to a source
familiar with their operations.
Man Financial may follow in the footsteps of other category
one members Barclays, Refco and Sempra and associate broker
clearing member Dresdner Kleinwort Wasserstein (DrKW) in
operating such a system as part of its trading operations.
Man has been "working on" an electronic order routing system
along with many others, the source told FO Week's
sister publication Metal Bulletin (MB). "Nobody wants
to get left behind," the source added.
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