Start trading Now Goldman Sachs was founded in by Marcus Goldman, and the company has been a notable player in the finance field for over years. Goldman Sachs serves over countries around the world, and its customers include governments, financial institutions, corporations and high-net-worth individuals. In its early days, Goldman Sachs diversified its services to multiple industries as other financiers solely focused on the railway industry.
In the s, Goldman Sachs co-managed one of the most important share offerings in the US when the Ford Motor Company decided to go public. The company then accelerated its growth in the s and into the 21st century by expanding internationally.
The stock is categorised in the Financial Services sector, under the Capital Markets industry. Goldman Sachs has never performed any stock split in its history. Goldman Sachs is a regular and stable dividend payer, which bodes well for investors that require consistent income in addition to potential gains in the stock price. Here are the factors to consider when trading the stock: Legislative and Taxation Issues With operations all around the world, Goldman Sachs can have its bottom line impacted significantly due to changes in legislative and taxation issues.
The financial sector has witnessed increased scrutiny on the regulatory front in the aftermath of the global financial crisis. The forex team works in this financial market, which has the most liquidity, handling straight-up forex trading, but at the same time we work with derivatives and other extremely complex products. My Day I get to the office a little past 6 a. I check the overnight market information, and I write market comments. A little after 7 a. After that we have a forex morning meeting where the traders share information about what happened in the market the day before, and what we expect will happen that day.
After the morning meeting, from 8 a. I tell them the latest on what's going on in the market, and I am actually a middleman between the clients and the traders. Around 10 a. It can be a high-pressure time. In the afternoon again I am on the phone with clients, mediating trades. When the market is quiet, I read research reports and do other "homework.
But I can never really take my eyes off what is happening in the market. On days when major economic indicators are released in other time zones, or if the market is really volatile, I sometimes have to stay in the office late, but most days I can go home as soon as I have fully digested the things I learned that day, and made my preparations for the next day. Sometimes I have dinner with clients and senior colleagues. When I was looking for a job, I had the chance to talk with people who worked for a lot of different companies, and that led me to the idea I wanted to work for a global financial firm right away, where I could do real work while I was still young.
My reason for choosing Goldman Sachs from among all the others was that everyone I met from there was very ambitious. Most were very capable and individualistic. I knew right away they were the kind of people I wanted to work with. For a few months after I joined the company, we had a desk rotation among the various teams in the Global Markets Division, so we could learn about the various products, and create networks within the company.
Every day, we sat behind our senior colleagues, and we paid attention to what was happening. That is how we learned the business. Then for about two months I got to go to New York for training, and in September , I joined the forex sales team. Myself One thing I have learned since joining the company is that the people around me are looking out for me and helping me grow.
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The forex team works in this financial market, which has the most liquidity, handling straight-up forex trading, but at the same time we work with derivatives and other extremely complex products. My Day I get to the office a little past 6 a. I check the overnight market information, and I write market comments. A little after 7 a. After that we have a forex morning meeting where the traders share information about what happened in the market the day before, and what we expect will happen that day.
After the morning meeting, from 8 a. I tell them the latest on what's going on in the market, and I am actually a middleman between the clients and the traders. Around 10 a. It can be a high-pressure time. In the afternoon again I am on the phone with clients, mediating trades. When the market is quiet, I read research reports and do other "homework.
But I can never really take my eyes off what is happening in the market. On days when major economic indicators are released in other time zones, or if the market is really volatile, I sometimes have to stay in the office late, but most days I can go home as soon as I have fully digested the things I learned that day, and made my preparations for the next day.
Sometimes I have dinner with clients and senior colleagues. When I was looking for a job, I had the chance to talk with people who worked for a lot of different companies, and that led me to the idea I wanted to work for a global financial firm right away, where I could do real work while I was still young.
My reason for choosing Goldman Sachs from among all the others was that everyone I met from there was very ambitious. Most were very capable and individualistic. I knew right away they were the kind of people I wanted to work with. For a few months after I joined the company, we had a desk rotation among the various teams in the Global Markets Division, so we could learn about the various products, and create networks within the company.
Every day, we sat behind our senior colleagues, and we paid attention to what was happening. That is how we learned the business. Then for about two months I got to go to New York for training, and in September , I joined the forex sales team. Myself One thing I have learned since joining the company is that the people around me are looking out for me and helping me grow.
Right now, I work mainly with financial institutions, such as life insurance companies, investment trusts, investment advisors and banks. I carry out foreign currency trades related to their activity in foreign stocks and bonds, and I give advice on how to hedge their currency risks. Forex is a hour market, so I have to work closely with our global offices.
In addition, because we are talking about the total return picture in terms of foreign bonds and currencies, I have to coordinate with the bond sales department's forex team and with other teams as well. The forex market moves in response to a variety of different factors. I have to be acutely aware of the activities of market participants, trends in other markets, and the economic and political situation in other countries. On top of that, I have to have an overview of the market as a whole, and be constantly thinking about what the current theme is.
I have been doing this job for a few months now. I help senior traders with their client trades, and I talk to clients about the latest market movements. We do a lot of trades on any given day, and different clients have different needs. Every day I learn more about all the different things that are involved in trading.
Compared with other markets, moves in the forex market are fast. The number of trades per day, and the total amount of money traded, are both very large, so it is important to be both fast and accurate. When it comes to forex risk hedging proposals, we use options to devise custom solutions based on client needs.
We have to be able to grasp exactly what it is the client needs, and have the creativity to do well in turning that into a product. The forex team works in this financial market, which has the most liquidity, handling straight-up forex trading, but at the same time we work with derivatives and other extremely complex products. My Day I get to the office a little past 6 a.
I check the overnight market information, and I write market comments. A little after 7 a. After that we have a forex morning meeting where the traders share information about what happened in the market the day before, and what we expect will happen that day. After the morning meeting, from 8 a.
I tell them the latest on what's going on in the market, and I am actually a middleman between the clients and the traders. Around 10 a.
