Forex Weekly Look Back: Governments and regulators take measures to counter the corona-crisis LeapRate

March 27, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Governments and regulators take measures to counter the corona-crisis

The Securities and Exchange Commission announced yesterday a temporary flexibility for registered funds affected by the recent volatile market situation to borrow funds from certain affiliates and to enter into certain other lending arrangements. The relief is interceded to provide funds with additional tools to manage their portfolios so that all shareholders as investors may…

Goldman Sacks supports money market funds with $1 billion

March 23, 2020 BY Steffy Bogdanova

Goldman Sachs spends $1 billion to support money market funds

The assistance came as an extraordinary move in the staid money-market fund industry after another week of volatile markets. Goldman’s plans were disclosed to the US Securities and Exchange Commission last Friday. Investors in the US withdrew tens of billions of dollars from prime money-market funds, which buy top-rated corporate debt. Usually, the are tame…

December 09, 2019 BY Valentina Kirilova

AccessFintech teams up with Citi, Credit Suisse, Goldman Sachs and J.P. Morgan

AccessFintech has just announced that it has teamed up with with four leading investment banks and it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process. Citi, Credit Suisse, Goldman Sachs and J.P. Morgan have jointly launched an industry-wide…

September 10, 2019 BY Valentina Kirilova

Goldman Sachs and QuantHouse to accelerate market data distribution from SIGMA X MTF platform

QuantHouse, the global provider of end-to-end systematic trading solutions, announced that Goldman Sachs’ SIGMA X MTF market data will be readily accessible from within the QuantHouse API Ecosystem store. SIGMA X MTF is a multilateral trading facility operated by Goldman Sachs (GS), offering deep and diverse liquidity on the basis of non-discretionary crossing with flow…

July 31, 2019 BY Valentina Kirilova

CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first

CLS, a market infrastructure group delivering settlement, processing and data solutions, has today launched CLSNow, a bilateral, same-day FX gross payment-versus-payment (PvP) settlement service. J.P. Morgan and Goldman Sachs are reported to be the first banks to go live on the service. CLSNow enables banks to exchange currency positions with mitigated settlement risk on a…

July 01, 2019 BY Mariela Naydenova

Is Goldman Sachs launching their own cryptocurrency?

After JP Morgan's alleged JPM Coin's launch came to life, another major US bank may be thinking of launching its very own digital coin. Goldman Sachs may be following in the footsteps of its biggest competitor. JP Morgan essentially becomes the first major US bank with its very own cryptocurrency. As Leaprate reported: "As reported…

April 16, 2019 BY Valentina Kirilova

Daily Market News: Fed to hold rates steady

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 16, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Binance De-Lists BSV: Binance announced yesterday that they would de-list BitcoinSV, due to the founder’s threats to…

January 28, 2019 BY Valentina Kirilova

Global elite attending Davos rehashed common cryptocurrency themes

What a difference a year makes or maybe not? The global elite has departed the confab in Davos, jetting away to parts unknown until the next summit. With respect to cryptocurrencies, the opinions expressed at this year’s event were muted, at best. One need only remember that last year at this time Bitcoin was at…

November 05, 2018 BY Mariela Naydenova

Goldman Sachs onboards clients for a new Bitcoin derivatives product?

There has been a rumor that Goldman Sachs is currently onboarding a small pool of its clients to trade on Goldman’s Bitcoin derivatives platform. While the launch of the non-deliverable contracts platform has not been announced yet, the investment bank might be preparing all the details and technicalities behind its newest product. Back in the…

September 06, 2018 BY Mariela Naydenova

Is Goldman Sachs out of the cryptocurrency trading desk idea?

Bitcoin is sinking and taking all alt coins down with it, it seems. The price of the "people's currency" is going down and has reached a price level of $6,900 according to CoinDesk. In December 2017, the price of Bitcoin reached $20,000. Back then, a lot of investors were bullish on the future of Bitcoin.…

Tag: Goldman Sachs