The characteristics of the obtained sets (after reduction Rset and the after generation Gset) are shown in Table 1.
Error m0 increased in both cases: about 3.0 cm for a Rset and about 5.2 cm for the Gset. [z.sub.mean] in the Rset decreased by 11.5 cm, and in Gset by 6.8 cm.
As well as external dark pools, BlockStrike will simultaneously place a contingent order with a block-sized minimum execution in SIGMA X, GSET's US non-displayed alternative trading system that matches buyers and sellers anonymously.
"We already have significant block liquidity existing in SIGMA X," said Todd Lopez, managing director and co-head of Americas sales for GSET. "BlockStrike will help clients access this liquidity without requiring a change to their workflow or risk over-execution."
'GSET is continuously looking for innovative solutions to offer our clients best of breed services across asset classes,' said Greg Tusar, managing director and co-head of Goldman Sachs Electronic Trading.
The Delta Hedging mechanism uses GSET's advanced equity smart order router and its crossing network, SIGMA-X, to assist in sourcing available liquidity during hedging.
GSET's new Canadian algorithmic strategies, which are also available in the US, include GSET Sonar, which aggregates liquidity across multiple public and dark venues, GSET Sonar Dark, which aggregates liquidity across multiple dark and grey venues, GSET Stealth, which allows traders to capture all displayed and dark liquidity up to order's limit price without posting to public markets, and GSET 1Click, a streamlined product that offers a single point of access to all of Goldman Sachs' algorithmic trading strategies.
GSET Sonar Dark will only place orders where it is possible to completely hide an order, currently Chi-X Canada and dark pool MATCH Now in Canada.
Todd Lopez, co-head of Americas sales for GSET, said, 'Over the past couple of years, we've seen increasing client demand for electronic trading capabilities in emerging markets, particularly Brazil.
Other than Brazil, GSET currently offers direct electronic access across asset classes for key global exchanges across the Americas, Europe and Asia.
'Over the past couple of years, we've seen increasing client demand for electronic trading capabilities in emerging markets, particularly Brazil,' said Todd Lopez, co-head of Americas sales for GSET
. 'As part of our longstanding commitment to providing clients with direct electronic access to key global markets, we're pleased to expand our electronic trading offering to Brazil,' he added.