The Goldman Sachs FX basket algo: An extremely complex beast

GENERAL OVERVIEW:  What is the FX algo called?  Basket Algo, Goldman Sachs’ unique portfolio algo, for intelligent simultaneous execution of multiple currency pairs What category does it fall into? A very exclusive category (in FX) of portfolio algos, and the first algo of its kind industry-wide. Basket algos are common-place in equities, but surprisingly exclusive in FX.  What does it attempt to do? The basket algo attempts to achieve three objectives. 1) It synchronizes execution up to a certain tolerance, GENERAL OVERVIEW:  What is the FX algo called?  Basket Algo, Goldman Sachs’ unique portfolio algo, for intelligent simultaneous execution of multiple currency pairs What category does it fall into? A very exclusive category (in FX) of portfolio algos, and the first algo of its kind industry-wide. Basket algos are common-place in equities, but surprisingly exclusive in FX.  What does it attempt to do? The basket algo attempts to achieve three objectives. 1) It synchronizes execution up to a certain tolerance,

GENERAL OVERVIEW:  What is the FX algo called?  Basket Algo, Goldman Sachs’ unique portfolio algo, for intelligent simultaneous execution of multiple currency pairs What category does it fall into? A very exclusive category (in FX) of portfolio algos, and the first algo of its kind industry-wide. Basket algos are common-place in equities, but surprisingly exclusive in FX.  What does it attempt to do? The basket algo attempts to achieve three objectives. 1) It synchronizes execution up to a certain tolerance,