GOLDMAN TRADING TECH TO MAKE WAVES – Goldman Sachs have moved to replace the traders in London with computers! Goldman Sachs have, since January of this year, been hiring a team that could roll out their high-tech platform in the UK, the system designed to automate more trading functions while reducing the need for human interaction with clients. The move is most likely to lead to job cuts in the UK and could revolutionise the way the bank does business with European clients. The decision to harness the power of technology comes as the bank is trying to cut costs, streamline operations and reduce the scope for human error. Although not reported the move will have a long-term impact for 1,450 employees that work in in Goldman’s City securities business in Fleet Street. #SpartanInternational