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