Goldman and Deutsche to launch economic data options
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Goldman Sachs and Deutsche Bank plan to jointly launch the first of a series of options on economic data in the first week of October. They are jointly marketing the products, which are based on the Parimutuel Digital Call Auction (PDCA) technology developed by US financial technology firm Longitude. The first auction will be on the September US non-farm payroll figure. If successful, the products would be the first tradable instruments for hedging exposures to, or taking positions against,
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