Goldman Sachs

415 results about this entity

Period: 04 Feb 2004 - 01 May 2024

LSE to take control of Turquoise

The London Stock Exchange is to take majority control of Turquoise and merge it with its own dark pool Baikal under a deal agreed with the rival MTF's investment bank owners.

CME to launch CDS clearing house with support of eight major dealers

After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.

Nyse Euronext profits slide; sells off stake in US futures business

Nyse Euronext has reported a 28% drop in third quarter profit amid steep declines in revenue from cash equity trading in Europe and the US. The exchange operator has also sold off a significant equity stake in its futures business Nyse Liffe US to a group of five leading banks and liquidity providers.

SEC sets sights on sponsored access and exchange co-location

After taking on dark pools and flash orders, the Securities and Exchange Commission has now turned its attention to high frequency trading and the practice of sponsored access to exchanges.

Nyse makes move to improve dark pool transparency

With dark pools under the regulatory microscope, Nyse Euronext has struck a deal with five firms behind ATSs and off-exchange market centres to print trades made on the venues on the reporting facility it operates with Finra and display daily activity on Nyse.com.

Teza programmer developed code while still UBS employee

A Teza Technologies programmer developed code relating to data storage while still a UBS employee, but the high-frequency trading start-up did not use it, CIO William Sterling has told a Chicago judge.

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

Goldmansachs666 blogger sets sights on JP Morgan

Blogger Mike Morgan, who has been in a legal battle with Goldman Sachs over his fiercely critical goldmansachs666.com Web site, has now set his sights on JPMorgan.

Data compression firm files patent infringement suits against banks and exchanges

A US firm specialising in data compression has filed lawsuits against a host of investment banks, stock exchanges and financial news and data outfits, accusing them of patent infringement.

Goldman slayed by blogger

Goldman Sachs has capitulated in its legal battle with fierce online critic, blogger Mike Morgan, over his use of the domain name goldmansachs666.com.

UBS files code theft lawsuit

In an incident with striking parallels to the recent Goldman Sachs code theft case, it now emerges that UBS in March filed a lawsuit against three former quant traders alleging that they stole proprietary algorithmic trading software with the intent of using it at their new employer, Jefferies.

Citadel sues ex-staff for contract breach; raises code-theft spectre

Citadel Investment Group is suing three former employees who set up Teza Technologies, the firm that became embroiled in the Goldman Sachs code theft case this week, for violating a non-compete agreement.