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As Goldman Embraces Automation, Even the Masters of the ­niverse Are Threatened


Marty Chavez, Goldman Sachs

Marty Chavez, Goldman Sachs's incoming CFO, has helped the firm become more automated.

Credit: Karsten Moran

At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank's large clients.

From Technology Review
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