I'm trying to figure out if Goldman Sachs can be considered as a high-frequency trading (HFT) firm. Are they known for their HFT activities, or do they operate differently?
6 answers
benjamin_rose_author
Thu Oct 24 2024
Prior to the regulations imposed by Volker, proprietary trading desks within banks played a significant role in high-frequency trading (HFT). These desks were known to be major players in the HFT landscape.
Raffaele
Wed Oct 23 2024
Lehman Brothers, which unfortunately ceased operations during the financial crisis, was another major bank with a proprietary trading desk focused on HFT.
Eleonora
Wed Oct 23 2024
Merrill Lynch, now a part of Bank of America, was also among the banks with a proprietary trading desk engaged in HFT before the changes brought about by Volker.
GwanghwamunPride
Wed Oct 23 2024
Among the notable financial institutions with proprietary trading desks were BNP Paribas and Credit Suisse. Both banks had established themselves as key participants in the HFT market.
benjamin_brown_entrepreneur
Wed Oct 23 2024
Deutsche Bank was another prominent player in the HFT space, utilizing its proprietary trading desk to execute trades at high speeds.