Goldman Sachs lose top traders to hedge funds

(Last Updated On: November 13, 2019)

I have put together some articles on what is happening with Goldman Sachs as more people are leaving. Here are some reasons from the first article:

Junior traders have been complaining of a new approach at Goldman Sachs. As the firm focuses on developing stable streams of income from ‘platform’ businesses, volatile trading revenues have gone out of fashion. Insiders complain there’s less interest in generating alpha and more of a focus on pure market making, meaning alpha-generating traders feel they’re better off on the buy-side.

https://news.efinancialcareers.com/uk-en/3002624/goldman-top-traders-leaving-for-hedge-funds

Many seem to be going to Bluecrest but never ask me why. Here are the other articles leading into Goldman is moving into platform based businesses which make sense:

https://news.efinancialcareers.com/us-en/311902/real-reasons-junior-traders-leaving-goldman-sachs

https://news.efinancialcareers.com/uk-en/3002409/goldman-sachs-technology-jobs

I am still looking for feedback from people on this new physical book I am thinking of self publishing. As said, a darft is in place but I am not willing to move forward unless people comment on what more they would like to see in it. This book proposes to speak about 4 main topics:

  1. Your retirement and future taxes
  2. How to hire a coder
  3. Rise of Bitcoin and crypto currency

It generally will speak of why the benefits of algo trading can help secure your unclear future.

As said, let me know by commenting or responding about this. I will simply quash the idea if I just see clicks and social media likes.

Thanks Bryan

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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs