Goldman Sachs Electronic Trading
Goldman Sachs Electronic Trading’s (GSET) REDIPlus provides a single platform for order routing of equities, futures, options, synthetics, and FX across the Americas, Europe and Asia. Users have access to Goldman Sachs’ integrated portfolio and spread trading functionality, the firm’s suite of pre- and post-trade analytics, as well as integration with clearing and prime brokerage services.
In the US and Europe, and forthcoming in Asia, REDIPlus offers clients multi-broker routing for both algorithmic and desk execution for equities and futures.
REDIPlus supports FIX versions 4.2 and above. GSET offers a comprehensive suite of algorithmic tools to help clients achieve their trading objectives.
GSET algorithms have been designed to leverage both historical analyses and real-time market information. The firm’s global suite of algorithms comes with a core set of parameters designed to increase usability and consistency across regions. In North America and Europe, GSET provides routing to over 20 brokers’ algos.
REDIPlus is integrated with market data from Bloomberg and Reuters.
If a REDIPlus user is running Bloomberg on the same desktop, REDIPlus can take in market data feeds directly from Bloomberg using API/ DDE links. In addition, users can automatically redirect Bloomberg screens to related securities’ information by linking windows from REDIPlus to Bloomberg.
Routing and trading venues
GSET clients using REDIPlus or third-party trading platforms can execute equities both in the firm’s SIGMA X liquidity pool globally, as well as a number of global broker-owned and independent alternative trading systems.
Smart Order Routing is offered for multi-venue routing in Japan. It will soon be introduced in India and Australia. For single-venue execution, GSET’s Smart DMA suite offers DMA-style execution with a number of advanced order types.
GSET Asia plans to roll out southeast Asia market access in the near future, and continues to focus on lowering latency and providing co-location in the region.