Goldman Sachs is to offer foreign exchange market-making capabilities to other banks via Cognotec's Liquidity Linq service.
The new application interface from Cognotec allows the bank to deliver pricing and execution services to those financial insitutions who use the FX network's electronic dealing services AutoDeal Lite and AutoDeal Direct.
Don Lee, managing director at Goldman Sachs, says: "The Cognotec technology allows us to offer our pricing capabilities to a wide group of clients...This service complements our own strategic focus on growing our foreign exchange trading business through automated links to existing and new clients."