21 October 2017

Goldman offers multi-asset spread trading via RediPlus

04 February 2011  |  4692 views  |  0 Source: Goldman Sachs

Goldman Sachs Electronic Trading (GSET) announced today a new spread trading application for futures and US Treasury bonds. The new functionality, called REDI MAST™ provides fully customizable spread creation and trading from REDIPlus®. REDIPlus is GSET's multi-asset class Execution Management System (EMS) that offers access to equities, futures, options, foreign exchange and cash bonds.

"REDI MAST is our enhanced inter-product spread trading tool that enables our clients to trade futures and fixed income products more efficiently," said Jack McCabe, Managing Director, Co-head of Futures and Electronic Trading, Goldman Sachs. "It's built with the functionality needed to manage spread trades across regions and asset classes, while mitigating risk and market impact."

Common strategies include basis trades, curve trades, butterflies and ratio spreads tailored specifically to commodity and financial futures. REDI MAST has several built-in controls that allow clients to customize the behavior of the spread -- such as risk controls and order placement logic -- depending on their risk appetite.

Clients based in the U.S. and Europe can access multiple futures exchanges across regions, including CME, ICE, EUREX, and LIFFE. All futures product classes (rates, currencies, equity indices, and commodities) are supported by REDI MAST. For US Treasury bonds, REDI MAST offers direct access to Goldman Sachs liquidity.

REDI MAST is geared toward the active spread trader. Users can easily create custom spreads offering efficient order entry, risk controls and position management through a flexible interface.

"Enhanced execution tools, access to liquidity and straight through processing are critical items that clients demand in this evolving marketplace," said Isaac Chang, Managing Director and Head of Electronic Trading for Interest Rate products. "REDI MAST offers clients another channel through which they can execute efficiently and confidently." Clients may also utilize FIX connectivity to integrate REDI MAST executions with their internal order management systems for enhanced operational processing.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Goldman Sachs

Related blogs

Create a blog about this story (membership required)
visit www.vasco.com Register now

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8796 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8618 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7703 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7172 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6780 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job