Stock trading as a Goldman Sachs employee

Amazon
UXOJ05

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UXOJ05
Feb 27, 2020 13 Comments

As a software engineer at goldman sachs, can you do stock trading using robinhood?

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TOP 13 Comments
  • No. There is a 60 day holding period and you have to get all your trades approved before placing the trade. Used to work there and made a few thousands of dollars trading. Then got found out by compliance for breaching the 60 day holding period rule. They confiscated all my profits and issued me a warning and I had to take some compliance lesson. Goldman Sucks!
    Feb 27, 2020 6
  • 30 days except for indices, pre-approval, federation/IBD generally isn't allowed to trade single names, have to transfer everything to Fidelity (which tbh hasn't been bad, it works okay).
    Feb 27, 2020 3
  • Eigen
    Don_1

    Eigen

    Don_1
    I don’t think as a GS employee that too in software division you are allowed to touch stocks legally.

    You may get screwed and lose your job as well in a name of insider information unfair tradings practice
    Feb 27, 2020 1