Goldman Sachs rolls out distribution platform
Investment bank implements additional distribution platform for buy-side listed derivatives flow
Investment bank Goldman Sachs is to install an additional distribution platform for buy-side listed derivatives flow.
The global connectivity network enables the flow of transaction orders to broker destinations.
The network, provided by trading system supplier Fidessa, offers users the ability to route listed derivatives, cash equities and algorithmic orders across 60 exchanges and 23 countries to Goldman Sachs.
The global connectivity network provides client access to listed derivatives and cash equities liquidity.
Goldman Sach managing director Brad Hunt says the company recognises the value in a broker neutral platform.
The platform provides connectivity for over 170 brokers to over 750 buy-sides worldwide, both through direct FIX links and via Fidessa’s own execution management front end.
The execution management workstation offers buy-side trading desks a multi-asset order management and execution solution with fully integrated real-time market prices, news and fundamental data which allows traders to smart-route orders to a variety of DMA, algorithmic and care order services globally.
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