Goldman Sachs exits U.S. options exchanges

November 3, 2017 03:33 PM
Exchange Shorts

Cboe acquired the assets of Silexx Financial Systems, a company that develops and operates an innovative multi-asset order and execution management system (OEMS) that caters to institutional customers throughout the United States.

DB1: Eurex will launch in 4Q17, an electronic price discovery platform that allows bank’s broker desks and inter dealer brokers to contact market makers with request for quotes in order to find a counterpart to a trading interest.

ENX: FastMatch opened a sales office in Greenwich, CT.

CME Chairman Emeritus, Leo Melamed, was conferred the Order of the Rising Sun, Gold and Silver Star, by the Government of Japan.

Kuwait SE (KSE), Capital Markets Authority (CMA) and a number of major investment groups reached a new level of discussion in a bid to create more flexible mechanisms in favor of all parties and interpret the interest of the Board of Commissioners properly.

Aquis Exchange hired Adrian Ip as head of project/product management. Ip worked at Thomson Reuters and Horizon Software.

Goldman Sachs will stop serving as a market maker on U.S. options exchanges, following others in exiting that business amid high costs, sluggish volume and low volatility. 

SZSE launched “Getting Inside the HK Stock Connect Companies” to further the investor education on SZSE-HK Stock Connect and deepen the investor education cooperation mechanism between SZSE and HKEX with the support of HKEX and Hong Kong Investor Relations Association.

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at