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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
08/30/201610:45:00Dorsey, Wright & Associates, a Nasdaq Company, Named Sub-Advisor...
08/30/201610:01:00Chris Geere, Star of “You’re the Worst” on FXX, to Ring The N...
08/30/201610:01:00Cross Country Healthcare, Inc. (Nasdaq: CCRN) to Ring The Nasdaq...
08/30/201609:41:26UPDATE - Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) to Ring The...
08/29/201610:02:00Omnicell, Inc. (Nasdaq: OMCL) to Ring The Nasdaq Stock Market...
08/29/201610:00:00Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) to Ring The Nasdaq...
08/26/201610:00:00Web.com Group, Inc. (Nasdaq: WEB) to Ring The Nasdaq Stock Market...
08/25/201617:46:24Statement of Changes in Beneficial Ownership (4)
08/25/201610:00:00Aperture Foundation to Ring The Nasdaq Stock Market Opening Bell
08/25/201610:00:00Freshpet, Inc. (Nasdaq: FRPT) to Ring The Nasdaq Stock Market...
08/24/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
08/24/201610:00:00Ambassador Dr. Maleeha Lodhi as Chief Guest of Pakistan American...
08/24/201610:00:00American Red Cross to Ring the Nasdaq Stock Market Opening Bell
08/23/201610:00:00TransAct Technologies Incorporated (Nasdaq: TACT) to Ring The...
08/23/201610:00:00Hope Bancorp, Inc. (Nasdaq: HOPE) to Ring The Nasdaq Stock Market...
08/22/201610:00:00Silicon Labs (Nasdaq: SLAB) to Ring The Nasdaq Stock Market Opening...
08/22/201610:00:00Oritani Financial Corp. (Nasdaq: ORIT) to Ring The Nasdaq Stock...
08/21/201622:10:00China 'Selfie' App-Maker Meitu Plans Up to $1 Billion Hong Kong...
08/19/201616:07:46Statement of Changes in Beneficial Ownership (4)
08/19/201610:00:00Xact’s ETFs to Ring The Nasdaq Stock Market Opening Bell

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