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Goldman Sachs Merging High-and Low-Touch Desks

Traders Magazine Online News, February 14, 2013

John D'Antona Jr.

Goldman Sachs is in the process of combining its high-touch and low-touch equities trading desks by breaking down the legal entity broker-dealer barriers that separate the two. According to a Goldman source, the aim is to achieve technological and operational efficiencies and to offer clients one point of contact for both their electronic and block trading needs.

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