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Goldman Sachs has re-entered the business of lead market-making for exchange-traded funds. The firm will focus only on funds it believes have strong potential for success. This development was reported by @business.
2211473abhijithsaravanan / Wikimedia (CC BY-SA 4.0)Goldman Sachs has resumed its role in lead market-making for exchange-traded funds (ETFs), according to a report from @business. The firm is selectively engaging in this activity, limiting its involvement to funds it assesses as likely to succeed.
market-making involves providing liquidity and facilitating trading for ETFs on exchanges. Goldman Sachs previously participated in this segment but is now returning with a targeted approach.
This selective strategy may influence which ETFs receive support from major financial institutions. @business reported that the firm is focusing on funds it thinks can win in the market.
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