Goldman Spins a Wider Web

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By Renee Wijnen

It started out as a feed for Tradeweb, but the platform that clients know as WebET is now Goldman Sachs’ proprietary, multi-product trading system. WebET delivers executable prices on hundreds of instruments to clients around the globe. Goldman is also leveraging the system internally and has taken the first tentative steps toward commercializing the software by licensing a slice to Bondbook.

Goldman Sachs started trading commercial paper online in 1990. But it took another seven

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