Goldman Sachs is creating a new breed of execution models that aim to better reflect intraday trends and correlations in global equities markets.
Initial use of the technology has improved trade execution quality by 50% over the past six months, the bank claims. The improvement is measured against client’s benchmark expectations and single-stock alternatives. The bank says the effort will help minimise slippage during completion of a trade.
“Broadly speaking, the models have improved trade