Goldman to spin out REDI Technologies

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Goldman to spin out REDI Technologies

Posted on February 7, 2012 by Paul Blank

News hitting the wires today here and here that Goldman are seeking outside investors for their highly successful REDI Technologies trading service business (worth watching great video coverage by Rishi Nangalia)

This move repositions REDI from being a stand alone Goldman EMS, to being a full-blown multi-broker, multi-asset EMS offering. Competing with the likes of ITG and Convergex, in response to increased client demand for multi-broker EMS/OMS offerings.

Filed under: Web trading technology |

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