A.G. Edwards Installs Quant’s STARS For Repo Trading With Corporate Customers

TRANSACTION SYSTEMS

ST. LOUIS, Mo.--A. G. Edwards & Sons has installed Quant Trading’s Sector Trading Automated Repurchase System (Stars) to trade repurchase securities with corporate customers.

The Java-based, thin-client product is being used primarily by three traders on Edwards short-term desk to handle government bonds and agencies. Stars run on Windows NT workstations. It does trade entry, trade capturing, allocation of collateral, trade modification as well as monitoring a trader’s position. Edwards had been

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