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Steve Grob
Traders Magazine Online News

The Periodic Table

Fidessa's Steve Grob has written a response to Marcus Ferber writing to ESMA condemning periodic auctions. The blog strongly criticizes Ferber's approach, and looks at the problems behind the "lit is good and dark is bad" attitude.

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Do you think that NY AG Schneiderman's probe into crypto exchanges will curtail growth and trading?



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September 2, 2013

Goldman Sachs Top Clearing Provider Last Year

By Gregory Bresiger

Goldman Sachs, through its GSET global execution platform, was the top sellside clearing provider in 2012, according to WatersTechnology ratings. J.P. Morgan came in second.

Goldman Sachs' platform can clear 3 million trades a day, WatersTechnology said. It also said that one reason that Goldman remains top dog in sellside clearing is its versatility.

Its clearing platform, WatersTechnology said, is able to cross asset classes. The platform also, WatersTechnology added, is able to offer a wealth of trading services.

These include direct market access, algorithmic trading strategies and smart order routing, among others, said WatersTechnology.

It provides financial technology information to the securities industry.

 

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