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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
02/10/201610:32:21Amended Statement of Ownership (sc 13g/a)
02/10/201610:28:51Amended Statement of Ownership (sc 13g/a)
02/10/201607:36:03Danske Capital to Ring The Nasdaq Stock Market Opening Bell
02/09/201616:30:002016 Nasdaq Investor Day
02/09/201616:17:21Statement of Changes in Beneficial Ownership (4)
02/09/201616:16:01Statement of Changes in Beneficial Ownership (4)
02/09/201616:05:00Nasdaq Announces End-of-Month Open Short Interest Positions in...
02/09/201610:00:00Zillow Group (Nasdaq: Z and ZG) to Ring The Nasdaq Stock Market...
02/09/201610:00:00Nasdaq President & COO Adena Friedman to Present at 2016 Credit...
02/08/201615:20:00U.S. Financial Stocks Fall
02/08/201611:20:00Orchestra-Premaman Boosts Cash in Destination Maternity Offer
02/08/201610:54:01Comcast Corporation (Nasdaq:CMCSA), USA Network and The Westminster...
02/08/201610:00:00The Legg Mason ETF Funds (Nasdaq: DDBI, UDBI, EDBI, LVHD) to...
02/08/201609:00:00The Nasdaq Stock Market® Kicks Off the New Year With Strong...
02/05/201614:24:37The Chinese Consulate General in New York to Ring The Nasdaq...
02/04/201618:05:23SpareBank 1 SMN to Ring The Nasdaq Stock Market Closing Bell
02/04/201616:30:00Nasdaq January 2016 Volumes
02/04/201616:05:49Statement of Changes in Beneficial Ownership (4)
02/04/201610:00:00Wingstop (Nasdaq: WING) to Ring The Nasdaq Stock Market Opening...
02/03/201616:39:00Statement of Changes in Beneficial Ownership (4)

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