Goldman sach cryptocurrency trading desk

goldman sach cryptocurrency trading desk

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Goldman Sachs: Crypto Not a 'Viable Investment' - The Hash - CoinDesk TV
The desk will be a part of Goldman's Global Markets segment, the bank's largest division by assets and revenue at the end of last year, and will. Apart from its over-the-counter trade Monday, the bank also relaunched a trading desk for cryptocurrencies last year after closing it down for. �We do have a crypto trading desk at the firm," he said, noting that the bank only trades cash-settled derivatives, options and futures.
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The transaction was described in the statement as a bitcoin BTC non-deliverable option, a type of cash-settled cryptocurrency options trade. Explore All Insights. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Goldman said it is also seeking to broaden its market presence by "selectively onboarding" crypto trading institutions to expand offerings.