Nasdaq

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Goldman said to oursource dark pool operation

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Goldman Sachs hired exchange owner Nasdaq to run its Sigma X stock-trading system, according to two people familiar with the matter, outsourcing day-to-day operations of its dark pool following an industrywide regulatory crackdown and amid escalating costs.

Robots now reading trader chats

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Robots are automating yet another bank job: the task of sifting through traders’ messages to spot foul play, a process currently carried out by legions of human employees.

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