Goldman Sachs’s “straders”, the hybrid trader-coder whose star has been on the rise inside the Wall Street firm, are losing their ringleader.

Adam Korn, who represented a new kind of Wall Street trader — one reared on computer code, not instinct — is leaving the firm, people familiar with the matter said Monday. His departure follows that of Martin Chavez, a technologist and trading executive who left at the end of last year. More resignations are expected across the firm in the coming weeks, as 2019 bonuses are paid out.