and Goldman Sachs bond trading platforms are expected to
be the first of many as financial institutions prepare to
comply with the Volcker Rule and Basel III. But their success
is far from guaranteed.
month the asset manager announced plans for its Aladdin
Trading Network which will allow clients of its advisory
arm to electronically trade bonds among each other.
after, rumours emerged that Goldman Sachs was planning a
similar initiative called GSessions.A source familiar with the
matter confirmed with IFLR that the bank will roll out
its electronic platform later this month.
It will schedule two five-minute trading intervals each day
one for investment grade and the other for
non-investment grade during which qualifying...