11.20.2017

Goldman, Bloomberg Tradebook Ally on Execution

11.20.2017

The Goldman Sachs Group has entered an exclusive arrangement with Bloomberg Tradebook under which Goldman Sachs will offer equities execution services to Bloomberg Tradebook’s customers while Bloomberg Tradebook will continue to provide analytics, technology, and support to its buy-side customers.

This strategic arrangement leverages the strengths of both organizations. Customers will retain the convenience of entering orders directly from the Bloomberg Terminal, and access to Bloomberg data, analytics, and technology. Bloomberg Tradebook customers will have access to Goldman Sachs’ world-class execution platform, robust liquidity offering, and breadth of global services. A continued investment in technology and data science, combined with the global and multi-asset scale of the franchise uniquely positions Goldman Sachs as a leading market center for liquidity and best execution.

“Our firms share the common principle that superior execution quality is increasingly driven by investing in best-in-class technologies,” said Raj Mahajan, global co-head of Securities Systematic Solutions, Goldman Sachs. “We are pleased to build upon our relationship with Bloomberg to now offer our service to Tradebook clients. We are confident that Bloomberg’s expertise in technology, and analytics, combined with Goldman Sachs’ vast execution capabilities, liquidity offerings and ability to respond to the changing global execution landscape will result in a superior user experience.”

“Goldman Sachs is known as a world-class broker. The benefits to our clients are clear: we continue to innovate in technology, analytics and distribution, and maintain excellent customer service with an alliance that complements the strengths of both firms,” said Tom Kingsley, CEO and President of Bloomberg Tradebook LLC.

Goldman Sachs is committed to offering a seamless transition for Bloomberg Tradebook clients, many of whom already have a relationship with Goldman Sachs.

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

4

Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

Load More

Related articles

  1. Average daily volume increased 42.2% year-on-year.

  2. This is the first time regulated public equity can be used directly in an onchain borrowing market.

  3. The firm aims to become the 'Everything Exchange' for trading.

  4. The new tape will be the unified successor to the three existing consolidated equity market data feeds.

  5. These are real, regulated public shares: issued onchain and recorded directly on the issuer’s cap table.