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Goldman dives back into high-speed stock trading

It had called for reforms in the practice earlier, saying risks were 'amplified by the dramatic increase in the speed of execution and trading communications'

Published Sun, Jun 14, 2015 · 09:50 PM
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New York

GOLDMAN SACHS, which called for reform of high-speed stock trading before Michael Lewis' Flash Boys spurred an outcry last year, is diving back in.

The bank's electronic equity-execution unit is hiring executives, including Keith Casuccio from Morgan Stanley, and investing in software, trading infrastructure and its dark pool, according to people with knowledge of the plan.

Goldman Sachs emerged last year as an early supporter of the US stock platform created by IEX Group Inc, portrayed in Mr L…

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