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Goldman Puts 4 Technology Specialists on Leave After Glitch - FT

Goldman Sachs (GS) has put four senior technology specialists on leave after an embarrassing trading glitch that is likely to cost the bank tens of millions of dollars, the Financial Times reported Sunday on its website. The decision to place the employees on administrative leave was made following last Tuesday's trading error, the FT reported, citing an unnamed person familiar with the events. Goldman last week accidentally sent thousands of orders for options contracts to exchanges operated by NYSE Euronext (NYX), Nasdaq OMX Group Inc. (NDAQ) and the CBOE, after a systems upgrade that went awry. The faulty orders roiled options markets in the opening 17 minutes of the day's trading and sparked reviews of the transactions. The bank's trading malfunction came just two days before Nasdaq experienced an unprecedented three-hour outage. Newspaper website: www.ft.com Write to copydesk@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
09/26/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
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09/23/201606:00:00Gridsum Holdings, Inc. (Nasdaq: GSUM) to Ring The Nasdaq Stock...
09/23/201606:00:00Apptio, Inc. (Nasdaq: APTI) to Ring The Nasdaq Stock Market Opening...
09/22/201612:33:41Nasdaq Welcomes CapStar Financial Holdings, Inc. (Nasdaq: CSTR...
09/22/201611:05:23Nasdaq Appoints John Shay Global Head of Fixed Income and Commodities
09/22/201606:00:00CapStar Financial Holdings, Inc. (Nasdaq: CSTR) to Ring The Nasdaq...
09/22/201602:00:10Tokyo Commodity Exchange (TOCOM) Goes Live on Nasdaq Trading...
09/22/201602:00:00Tokyo Commodity Exchange (TOCOM) Goes Live on Nasdaq Trading...
09/21/201616:57:32Nasdaq Welcomes The Trade Desk, Inc. (Nasdaq: TTD) to The Nasdaq...
09/21/201615:13:55Nasdaq Scheduled Resumption in Wheeler Real Estate Investment...
09/21/201610:25:07Nasdaq Halts Wheeler Real Estate Investment Trust, Inc. Series...

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