Shearson Lehman Brothers Develops Deal-Capture System

TECHNOLOGY

Shearson Lehman Brothers Inc. has developed a prototype deal-capture system for its foreign exchange trading department in New York. The Foreign Exchange Support (FXS) system, which will also be installed at the firm's London office, utilizes touch screen technology.

The workstation-based FXS system allows traders to access their position or P&L in real time, and input details of trades into an electronic deal ticket displayed in a window on the workstation screen, says Jim Ellerbee, vice

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