Goldman Sachs announced this week that it had completed the sale of most of its REDI trading technology group to a consortium of investors including Bank of America, Barclays, BNP Paribas, Citadel and Lightyear Capital.

REDI, which houses REDIPlus, a leading front-end trading platform, is now an independent technology company. It is based in New York, with offices in London, Hong Kong, Boston, San Francisco and Chicago.