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Goldman Sachs views its $20.5 million investment in high-frequency technology firm Perseus as essential for it to keep up with the speed that high-frequency firms have made their hallmark. The investment represents a minority stake in the company, the Wall Street Journal reported .
In a statement, Terry Doherty, director of the Goldman specialty lending group, said his firm sees opportunities in applying the speed and security of Perseus technologies in financial markets.
"They have the potential to dramatically shift the way that the global markets engage, by...