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Autif e-trading platform

The Association of Unit Trusts and Investment Funds is launching a new electronic trading platform.


The EMX trading platform will allow investors and fund managers to link up directly with providers. It claims the move will save the industry millions of pounds by slashing red tape and cuttin admin costs.


Autif chairman Alan Ainsworth says: “I will change the dynamics of the industry. Very significant costs are going to get squeezed out of the system.”


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