Apple, Goldman Sachs drop plans for trading app: Report

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Published Sep 20, 2023 04:30PM ET Updated Sep 20, 2023 06:00PM ET

Apple, Goldman Sachs drop plans for trading app: Report

Apple (NASDAQ:AAPL) and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people familiar with the plans.

The project had an initial rollout date for 2022, but it was put on hold last year as economic conditions deteriorated, with a rise in interest rates and inflation pressures driving investors away from risky assets.

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Apple, Goldman Sachs drop plans for trading app: Report

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