Report: Goldman Sachs May Exit NYSE Floor

GS stock is up over 1% Tuesday afternoon

   

Report: Goldman Sachs May Exit NYSE Floor

Goldman Sachs (GS) is considering exiting the New York Stock Exchange (NYSE) floor in the near future.

goldman sachs Report: Goldman Sachs May Exit NYSE Floor

Goldman Sachs logo

The firm is close to a deal that puts “buyers and sellers together on the floor of the New York Stock Exchange,” according to a source close to the deal. Goldman Sachs has reached a preliminary agreement with a firm formerly known as Spear, Leeds & Kellogg LP.

Although the deal seems to be in the works, there is no guarantee that it will go through. the Wall Street firm bought Spear, Leeds in 2000 for $6.5 billion.

GS stock is up about 1.1% in early trading Tuesday.


Article printed from InvestorPlace Media, http://investorplace.com/2014/04/goldman-sachs-gs-stock-nyse/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.