LATEST

Goldman said to oursource dark pool operation

Goldman Sachs Logo

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

Wind-up Robot

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.

Tech firms will postpone IPOs: Nasdaq

English money

Technology start-ups looking to go public are likely to postpone their flotation until later this year as the market remains "tentative" amid volatility in asset prices, a top Nasdaq executive warned.

HOT LIST

FEATURED

Goldman Sachs Logo

Goldman said to oursource dark pool operation

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.