TITLE

Trading TradeOff: When To Monitor Sponsored Access To Exchanges

AUTHOR(S)
Hintze, John
PUB. DATE
July 2009
SOURCE
Securities Industry News;7/20/2009, Vol. 21 Issue 16, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the move by Goldman Sachs to launch its own sponsored-access service to lend clients its identification to access securities exchange directly. Goldman Sachs managing director Greg Tusar said that the company recognizes the need for pre-trade checks in the use of sponsored access in order to comply with regulatory obligations. The article explains that although the company favors pre-trade checks it still has to submit comments on the proposed standardized sponsored-access arrangements.
ACCESSION #
43453377

 

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