Lates News

Goldman Sachs Group will gradually close its ETF Accelerator platform. The platform assists asset management companies in launching, listing, and regulating exchange-traded funds (ETFs) and will transfer financial services for the trust companies managing approximately $5 billion in ETF products to Tidal Financial Group. Tidal will take over services for the two trust companies, including trade execution support, compliance, and other back-office tasks. These two trust companies manage 12 ETFs launched under the Accelerator platform.