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Goldman Reports First Quarter Trading Bonanza

Goldman Reports First Quarter Trading Bonanza

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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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OFF

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