He particularly loved Internet Relay Chat, which allowed him to watch programmers trading code.
He added that the company met all the requirements of EU law and the ethical trading code in independent audits.
Is Sergey Aleynikov an evil computer scientist who brazenly stole valuable, closely guarded trading code from Goldman Sachs, his former employer?
There was no dispute that Mr. Aleynikov had violated Goldman's confidentiality agreements when he uploaded portions of the bank's trading code to a server in Germany.
A year ago, the Manhattan district attorney's office charged a former programmer for Goldman Sachs, Sergey Aleynikov, with stealing secret trading code.
Chip East/ReutersSergey Aleynikov, a former programmer for Goldman Sachs, is on trial on charges that he stole trading code from the firm.
The prosecutor likened Goldman's protection of its high-frequency trading code to Coca-Cola's guarding of its secret formula for Coke.
Perhaps once in a while, if you happen to hang around in Edinburgh's New Town or near the fancier restaurants in London, you might chance on a couple of initiates trading code words ("lobster", "ferry charge") on city benches.
But he said stealing a bank's trading code did not necessarily guarantee riches, because running it somewhere else was not easy without, for example, a bank's databases or links to customers.
Mr. Facciponti told the jury that the evidence would show that Mr. Aleynikov knew that making off with crucial parts of Goldman's trading code would help his new employer, Teza Technologies, a new high-frequency trading firm started by a former executive at the Citadel Investment Group, the large Chicago hedge fund.
