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Dutch firm to buy Goldman Sachs NYSE floor trading business

IMC Financial Markets agrees to buy Goldman rights

Goldman Sachs is ceding most of its ground on the New York Stock Exchange's trading floor.

IMC Financial Markets, a Dutch high-speed trading firm, agreed on Wednesday to acquire Goldman's rights to operate as a designated market maker in more than 600 NYSE-listed stocks, according to Scott Knudsen, IMC's Chicago-based head of trading. IMC will also hire about 15 floor brokers from the Wall Street firm.

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