Goldman Sachs voted best market-maker for Asia ETFs

Market-making for exchange-traded funds and other Delta One activities have been in the news of late, thanks to the $2.3 billion loss believed to have been perpetrated by a trader at UBS in London. Buy-side traders of Asian equities say their preferred market-maker for ETFs is Goldman Sachs, although hedge funds, taken as a separate group, voted UBS top. However, trumping all of these was Credit Suisse, which was voted best at program trading by both long-only and hedge funds, a…