Re:Goldman Sachs will open-source some of its trading software
by qpotlpus on Wednesday April 03, 2019 @03:15PM
(#19566319)
No company does anything which doesn’t benefit them whether via tech development, attracting programming talent, reputation etc... That is why they are companies not humans. Don’t confuse the two or pile on GS just cause they are GS.
This might be just PR, in which case the code could be useful for some. However, they may be doing this is because they found something that they can exploit if other people are using this code. It might be nothing particularly bad for a given user, but if a big block of investors begin using code Goldman Sachs knows intimately, the market may suddenly start doing stuff that just happens to fall to Goldman Sach's advantage.