Lehman Brothers Places Bet On Quotron's TSS For 110 Taxable Fixed-Income Trading Positions

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Shearson Lehman Brothers Inc. will install Quotron Systems Inc.'s Trading Support Systems (TSS) at approximately 110 taxable fixed-income traders' desks throughout its domestic institutional branches. Lehman Brothers, the trading arm of Shearson, will use the TSS data distribution platform to support home-grown communications-based applications, plus EJV Partners L.P.'s planned UniVu data and analytics service.

While the TSS system will co-exist alongside an internally developed data

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