Goldman Sachs - News, Articles & Research

News

Investment banks to challenge Goldman private trading platform

A group of investment banks including Citigroup, Lehman Brothers Merrill Lynch and Morgan Stanley are developing an electronic trading platform for unregistered securities that will compete with existing systems, such as the one operated by Goldman Sachs, according to a Financial Times report.

23 July 2007

News

BNP Paribas buys into Turquoise

French banking group BNP Paribas has acquired a three per cent stake in Turquoise, the bank-backed equities trading platform that will compete head-to-head with domestic stock exchanges in Europe.

06 July 2007

News

Goldman Sachs brings multi-broker algo access to Europe

Goldman Sachs has extended the functionality of its REDIPlus multi-broker execution management system (EMS) in Europe. Users in the region can now route orders to other brokers' algorithms – a feature that the investment bank launched in the US late last year.

04 June 2007

News

Broker research evaluation service launched by TheMarkets.com, Wall Street firms

A full-service broker research evaluation programme called MeritMark is being launched by bank-backed capital markets portal TheMarkets.com in partnership with 12 Wall Street firms.

24 May 2007

News

Reg NMS to favour Nasdaq over Nyse - Goldman

A Goldman Sachs analyst has said new stock exchange regulations in the US are likely to benefit all-electronic Nasdaq and erode market share at the hybrid New York Stock Exchange.

24 April 2007

News

Project Turquoise banks select EuroCCP for clearing and settlement

The consortium of seven investment banks behind Project Turquoise - the new pan-European equities trading platform that is being established in response to MiFID - has selected DTCC subsidiary EuroCCP to provide clearing and settlement services for the new venture.

18 April 2007

News

BT Radianz and Colt to provide connectivity to Boat trade reporting platform

BT Radianz and Colt have been selected to provide connectivity and infrastructure hosting services for Project Boat, the European trade reporting platform that is being established by nine City investment banks.

04 April 2007

News

ITG to launch 'dark liquidity' crossing platform in Europe

New York-based Investment Technology Group (ITG) is establishing an off-exchange automated equities trading platform in Europe.

05 February 2007

News

Goldman quits MTS platform

Following its temporary ban from trading on NewEuroMTS earlier this month, US securities firm Goldman Sachs is now withdrawing completely from the European government bond trading platform.

25 January 2007

News

Van der Moolen cuts 30% of US jobs as Nyse moves to hybrid model

Nyse specialist Van der Moolen says it is cutting 30% of its US workforce as the Big Board completes the move of all listed securities to a new hybrid trading system.

23 January 2007

News

Investment bank consortia sift through technology options

The seven investment banks behind Project Turquoise - a pan-European equities trading platform that will compete with the region's exchanges - have stepped up their search for a vendor to build the system, while the nine-member Project Boat banking collective have settled on Markit and Cinnober as suppliers for a new trade reporting platform for European equities.

22 January 2007

News

Goldman banned from MTS platform

US securities firm Goldman Sachs has been barred from trading on an electronic government bond trading system operated by pan-European bond exchange network MTS after allegedly violating market-making rules.

17 January 2007