Goldman Sachs said it expanded its suite of algorithms for electronic trading in Brazil, as a part of a “firm-wide focus’’ on the South America market.

Institutional interest “in Brazilian markets and the appetite for sophisticated trading tools has increased rapidly in recent years,” said Todd Lopez, managing director and co-head of Americas Sales for Goldman Sachs Electronic Trading. “With the addition of more opportunistic liquidity-seeking algorithms, we are helping our clients in Brazil get the execution quality they expect from Goldman Sachs.”

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