Goldman Sachs
Prop Shafted
Proprietary trading is the latest controversy to afflict the beleaguered investment banking industry, accused of everything from playing a pivotal role in the global financial crisis to allowing brokers to fleece their buy-side clients through the…
Goldman Sachs Gears Up for New Options Era
Sell-side firms' electronic trading units are getting into new frontiers, both geographically and by asset class, with options being the newest of these. Goldman Sachs Electronic Trading (GSET) is tasked with developing and providing technology to…
The Naked Truth
The 60-day feedback period allocated by the SEC to its proposed changes to the practice of sponsored access is almost up, and by the time this issue hits desks, ‘unfiltered’ access may be a thing of the past. But the real issue here is how brokers…
Prop trading: RIP?
Once when I was 16, about six months after I started driving to school and work, my heavy foot got me two speeding tickets within 24 hours. A major component of the parental wrath incurred was the loss of my car keys for a fortnight. The thrill (and…