Goldman Sachs launched its new electronic platform for tradingcorporate bonds last week, the Wall Street Journalreports. The firm's “GSessions” will bring investors together atcertain times to trade bonds electronically in bulk and chargelower fees for those trades.
Four five-minute trading sessions have been held on GSessionssince its launch, and Goldman plans to conduct trading sessionstwice a week in the future. The majority of Goldman's bondbusiness, however, will still be conducted through traditionalmethods, such as over the phone.
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