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Are you saying that Goldman Sachs's brokerage division is transmitting information about its customers' orders to the GS prop trading desks before submitting th
by AndrewBissell 13y ago
Are you saying that Goldman Sachs's brokerage division is transmitting information about its customers' orders to the GS prop trading desks before submitting them to the market?
- jamieabe 13y agoNo, I'm saying Goldman Sachs has computers located at the stock exchange that are programmed to trade based on order flow information.
- sseveran 13y agoSo just like dozens of other firms?
- caoilte 13y agoWhy wouldn't they be? They have an obligation to make money and the profits would be far greater than the fines even if they weren't running a revolving door with their regulators.