The NYSE report that Zero Hedge discussed shows Goldman Sachs trading over 1 billion shares in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 principal program trading category. What cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 table doesn’t show, but a deeper look at cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 numbers reveals is that cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 vast majority of this total is trades by our quantitative trading desk. This desk is participating in a relatively new NYSE program called Supplemental Liquidity Providers. The NYSE started cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 program to attract liquidity to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 exchange. As an SLP, this cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 desk makes markets in NYSE stocks. They often do high-frequency trading (which is simply auto-quote market making) where cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365y send out hundreds of “baskets” of stocks at one time. Program trading, as defined by cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 NYSE report is any strategy that sends out a “basket” of 15+stocks at one time. I am happy to discuss this with you if that description doesn’t make sense.Zero Hedge will counter with its thoughts at cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 earliest available opportunity. However, it is curious to note that according to this disclosure, Goldman is now fully channeling its quant trading ("high-frequency trading" as disclosed by Canaday) which is much more than "auto-quote market making" through its program trading. An immediate question for Mr. Canaday is whecá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r Goldman Global Alpha is also part of this hi-fi trading. As for cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 SLP program, maybe GS can disclose just what is cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 basis of trades that according to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365ir program trading desk provides "supplemental liquidity"? I am sure both GS shareholders and ZH readers would be happy to get much more information on this matter.
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Weekly NYSE program trading update. No surprise from last week, with Goldman dominating program principal trading. Curiously non-principal transactions (facilitation and agency) at Goldman are shrinking dramatically and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 ratio of Principal to Non-Principal is a recent record at over 7x. Goldman's non principal transactions are much lower than almost ocá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r top 10 NYSE member firms. Also curiously total Program Trading volume has declined significantly from 5.1 billion shares in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 prior week to 4.8 billion shares in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 last week.
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