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Goldman Sachs Said to Expand Electronic Bond-Trading

Platform will offer two sessions a day amid effort to add liquidity to the market for corporate debt.

By Michael J. Moore, Bloomberg | Updated on September 23, 2013

Goldman Sachs Group Inc. has added trading sessions and increased the money it makes available to buy securities on its electronic bond-trading platform as the industry grapples with changes in market structure, according to a person briefed on the decision.

Goldman Sachs will hold two daily sessions on its platform, up from twice weekly when it started last year, and will offer $300 million in guaranteed liquidity, said the person, who asked not to be identified because the change hadn’t been publicly announced. The platform, known as GSessions, was halted last month amid a lack of demand, the person said.

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