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Goldman Sachs may close dark pool Sigma X
Goldman Sachs Group Inc could shut down Sigma X, one of the world's largest private stock-trading venues, the Wall Street Journal reported on Tuesday, citing sources. Executives at the brokerage firm have raised the subject of closing the dark pool trading operation, according to the Journal. (r.reuters.com/pyx38v) Executives are evaluating whether the revenue generated from operating Sigma X was worth the risks encountered, including a series of trading glitches and growing criticism of dark pools, sources told the Wall Street Journal. The Journal also said that the decision is not imminent, and Goldman Sachs might ... (full story)
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When the facts change I change my mind, what do you do sir