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John Turney
Traders Magazine Online News

Foreign Exchange Infrastructure: Yesterday, Today and Tomorrow

In this exclusive to Traders Magazine, John Turney, Global Head of Outsourced FX at Northern Trust, discusses the evolution of the fx infrastructure and what is to come.

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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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