Goldman Reports First Quarter Trading Bonanza

Goldman Reports First Quarter Trading Bonanza

Assessment

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Business

University

Hard

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Goldman Sachs' trading desks achieved a remarkable winning streak in Q1, with revenues exceeding $100 million on 32 days. This success accounted for 61% of the company's total revenue for the quarter. Despite market volatility from the pandemic and geopolitical events, Goldman capitalized on trading opportunities. In early 2022, they matched their pre-pandemic success in just three months.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many days in the first quarter did Goldman Sachs' trading desks achieve over $100 million in revenue?

15 days

32 days

45 days

60 days

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Goldman Sachs' total revenue for the quarter was contributed by the trading desks?

75%

61%

50%

45%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major events contributed to the volatility in the market over the past two years?

Climate Change and Natural Disasters

Oil Crisis and Trade Wars

Pandemic and Russian invasion of Ukraine

Brexit and US Elections

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Goldman Sachs' trading desks perform in the first three months of 2022 compared to the three years before the pandemic?

They performed worse

They performed the same

They achieved as many $100 million days

They had fewer $100 million days

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the duration in which Goldman Sachs achieved as many $100 million days as in the three years before the pandemic?

Two months

Three months

One month

Four months