Goldman Sachs retakes top FXO dealer spot with mutual funds in Q2
Counterparty Radar: Trades with SEI Investments boosts US bank to top spot
Goldman Sachs retook top spot in the foreign exchange options dealer rankings with mutual funds in the second quarter, a position it last held in mid-2022.
The US bank reported notional volumes of $8.4 billion at the end of June, an increase of 12% over the previous quarter.
Its increase in trading with SEI Investments – a new counterparty for Goldman Sachs – was the primary driver behind the growth in volumes, with the firm executing approximately $1.7 billion in notionals with the bank.
Meanwhil
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