As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 1 min ago
Aug 11 2010 | 9:22am ET
Goldman Sachs may announce plans to shutter its proprietary trading operations any day. But in the mean time, the Wall Street giant is bolstering the business with the hire of a young algorithmic trader.
Asita Anche has been named a managing director on Goldman’s fixed-income, currency and commodities prop. desk, Financial News reports. She joins the firm from Millennium Capital Partners and formerly worked at Citadel Investment Group.
Anche, who specializes in high-frequency trading, will design algorithms for trading fixed-income products at Goldman. She spent more than four years working on HFT at Citadel before joining Millennium as a managing partner a year ago.