Best Brokerage: Goldman Sachs

While the less-than-complimentary press coverage of Goldman Sachs has yet to fully subside—both in the US and internationally—it’s clear that Wall Street firms still have a lot of respect for the old bank. This marks the fifth year that Waters has handed out an award for the industry’s best brokerage, and this is the fifth time that Goldman Sachs has walked away as the winner. That’s a pretty impressive record.
Goldman has, at times, been raked through the coals by the consumer media and politicians for its business practices, but from a technology standpoint there is no denying that it is at the head of the class. Goldman’s deep toolbox of products includes its lauded execution management system RediPlus, the Sigma X crossing network and Sigma smart router, Goldman Sachs Algorithmic Trading (GSAT), and its recently launched derivatives clearing services (DCS) business. And, as with most of its technology, Goldman manages risk—pre-, intra- and post-trade—within its four walls rather than turning to a third party.
1 Goldman Sachs (19.4%)
2 Morgan Stanley (12.6%)
3 JPMorgan (11.9%)
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Best data governance solution—Siepe
Siepe wins Best data governance solution at the IMD & IRD Awards 2025.
Best reference data initiative—Derivatives Services Bureau
The DSB wins Best reference data initiative at the IMD & IRD Awards 2025.
Best corporate actions managed service—S&P Global Market Intelligence
S&P Global Market Intelligence wins Best corporate actions managed service at the IMD & IRD Awards 2025.
Sell-Side Technology Awards 2025: Best distributed-ledger technology—Broadridge Financial Solutions
Project: Distributed Ledger Repo (DLR)
Sell-Side Technology Awards 2025: Best sell-side back-office platform—FIS
Product: FIS Post Trade Processing Platform