Goldman Sachs Gears Up for New Options Era

DWT: How is the state of the equities market affecting the industry's ability to improve options trading?

Rishi Nangalia, GSET: From our standpoint, this year is about preparing for the worst and hoping for the best. The worst is an environment where the net volumes remain flat. We have seen growth every year in absolute volumes for the past 30 years in the U.S. equities markets. This is the first year where we are at least preparing or projecting that the growth slows down, in absolute volumes

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DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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