Goldman Sachs to revive FX desk in Sydney

Superannuation fund growth attracts the bank, as Australia and New Zealand clients represent increasing proportion of regional FX flows

Sydney: time zone is well suited to covering global clients during Asian hours

Goldman Sachs is reopening its foreign exchange trading desk in Sydney, Australia, in a bid to tap into opportunities stemming from the growth in superannuation funds in the region, FX Week has learned.

It is understood that Goldman is relocating Scott Sloman, who has been with the firm since 2017, from Hong Kong. The bank declined to comment.

A driving force behind the firm’s decision is the increase in locally managed savings through the growth in superannuation funds, says a source familiar

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: