REDIPlus Extends Reach Into Asia And CanadaNEW YORK, October 26, 2005 Goldman Sachs announced today that REDIPlus ®, its premier electronic trading platform, has been expanded to serve clients in Asia and Canada. REDIPlus now provides access to over a dozen Asian equities and futures exchanges and includes the full suite of global algorithmic capabilities to complement its existing offering for North American and European clients.
"With this global expansion, we are in a unique position to offer clients a single desktop tool for trading across multiple regions," said Greg Tusar, Head of U.S. Electronic Trading. REDIPlus is a global, multi-product platform fully integrated with Goldman Sachs Algorithmic Trading's suite of pre-trade, real-time and post-trade analytics. It combines extensive single-share and portfolio trading capabilities in one broker-neutral system for trading equities, options, futures and foreign exchange.
In addition, the firm has partnered with Canada-based Markets Inc. in an initiative that integrates Markets Inc.'s BlockBook block-trading platform into REDIPlus. "This is one step toward combining electronic, anonymous block trading, algorithmic trading, and direct market access into an integrated, seamless workflow," Mr. Tusar said.
Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.