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.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the duration of the remarkable winning streak reported by Goldman Sachs trading desks in the first quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many days did Goldman Sachs trading desks exceed $100 million in revenue during the first quarter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Goldman's total revenue for the quarter was accounted for by trading desk revenue?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant events in the past two years have affected trading desks, according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How many 100 million dollar days did Goldman Sachs score in the first three months of 2022 compared to the three years before the pandemic?

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