Shearson OTC Desk Is Live; NASDAQ Terminals Remain
THIS WEEK'S LEAD STORIES
Shearson Lehman Brothers Inc.'s OTC trader workstation system is up and running, according to sources close to the project. But the current version of the system falls short of what Shearson originally envisioned -- a single platform for all the market data and execution services used by its OTC traders.
A primary objective of the OTC workstation project, begun in 1989, was to eliminate the need for NASDAQ-owned hardware on traders' desks. Sources close to the firm say, however, that OTC traders
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