Goldman Sachs launches new stock market in Canada called SIGMA X

Business | 207131 hits | Aug 18 11:11 am | Posted by: Robair

Another new stock market is set to debut in Canada, this time in the hands of New York investment bank Goldman Sachs. The Wall Street firm said Thursday that it will bring its stock market system, SIGMA X, to Canada at an unspecified date.

Comments

by DrCaleb
Thu Aug 18, 2011 6:25 pm
Now there is a trustworthy name!
by Robair
Thu Aug 18, 2011 7:02 pm
The SIGMA system is what's known as a "dark pool" market — one that would allow investors to anonymously buy and sell stocks on the Toronto Stock Exchange.

The stock market will be financed by numerous investors in addition to Goldman, including brokers, hedge funds and institutions, it said.

Yeeeaaa, this article doesn't make me feel all warm and fuzzy inside.
by saturn_656
Fri Aug 19, 2011 6:13 pm
Most readers feel "worried" when they read the article. Next biggest chunk of readers feel "angry".

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