Goldman Sachs Electronic Trading (GSET) has rolled out a new automated Delta Hedging functionality. The new service will enable automatic hedging with the underlying equity for all U.S. options algorithmic strategies.
The mechanism uses GSET’s advanced equity smart order router and its crossing network SIGMA X to assist in sourcing available liquidity when hedging. The service is available for clients of Goldman Sachs Execution & Clearing.
Click here for the release from Business Wire.