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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
02/24/201710:58:01Feeding America to Ring The Nasdaq Stock Market Opening Bell
02/24/201710:46:56Summer Infant, Inc. (Nasdaq: SUMR) to Ring The Nasdaq Stock Market...
02/23/201716:30:00Statement of Changes in Beneficial Ownership (4)
02/23/201710:00:00Cellect Biotechnology Ltd. (Nasdaq: APOP) to Ring The Nasdaq...
02/23/201710:00:00Women Veterans on Wall Street to Ring The Nasdaq Stock Market...
02/22/201710:00:00Bank of Montreal and Elkhorn Investments, LLC to Ring The Nasdaq...
02/22/201710:00:00Microbot Medical Inc. (Nasdaq: MBOT) to Ring The Nasdaq Stock...
02/21/201710:00:00Imperva, Inc. (Nasdaq: IMPV) to Ring The Nasdaq Stock Market...
02/21/201704:30:17Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
02/21/201704:30:00Nasdaq and Borse Dubai Sign Landmark Market Technology Deal  
02/17/201710:09:45Comtech Telecommunications Corp. (Nasdaq: CMTL) to Ring The Nasdaq...
02/17/201710:09:45Waterstone Financial, Inc. (Nasdaq: WSBF) to Ring The Nasdaq...
02/16/201711:42:06DKMS and Supermodel Coco Rocha to Ring The Nasdaq Stock Market...
02/16/201710:05:09VH1’s “The Breaks” to Ring The Nasdaq Stock Market Opening Bell...
02/16/201708:45:40The Bowery Mission to Ring The Nasdaq Stock Market Closing Bell
02/16/201708:00:33Nasdaq to Power EBS BrokerTec's Market Surveillance Efforts
02/16/201708:00:00Nasdaq to Power EBS BrokerTec’s Market Surveillance Efforts
02/15/201710:00:00The Academy of Nutrition and Dietetics to Ring The Nasdaq Stock...
02/14/201717:05:14Annual Statement of Changes in Beneficial Ownership (5)
02/14/201716:40:34Annual Statement of Changes in Beneficial Ownership (5)

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