Shearson Builds Analytics Despite EJV Participation

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Shearson Lehman Brothers Inc. is developing a proprietary analytics system for its fixed-income securities trading operation in New York. The development is in parallel with Shearson's commitment to the EJV Partners L.P.'s project to bring together the analytics resources of its primary-dealer participants and eventually offer them to institutional customers.

Shearson is one of six primary dealers participating in the EJV -- the electronic joint venture to provide fixed-income data, analytics and

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