Goldman Sachs and FXpress Announce Real-Time Link
Goldman, Sachs and FXpress Corporation announced the launched of a real-time link connecting Goldman Sachs’ WebETsm system with FXpress’ foreign exchange risk management system. This new application creates a seamless process from identification of currency risk exposure and FAS 133 tracking through trade execution. This design reduces operational risk by allowing FXpress™ clients to communicate directly with Goldman Sachs’ website, minimizing trading errors. Any mutual clients of FXpress and Goldman Sachs can trade foreign exchange using this fully integrated application.