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Goldman Sachs Joins the Trading Party

October 18, 2016 12:45 PM
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Goldman Sachs offered more confirmation on Tuesday that the sun was once again shining on Wall Street's fixed-income trading desks.

The year-over-year gains are a bit misleading on their face, considering the third quarter of 2015 was an ugly period for trading desks after China's unexpected devaluation of its currency ushered in a volatile stretch in markets that many clients may have chosen to sit out.

Also read: Goldman Sachs earnings: $5.08 a share vs. $4.82 estimate

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