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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 [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
03/24/201716:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
03/24/201710:00:00Discovery Communications (Nasdaq: DISCA) and Yukon Men to Ring...
03/24/201710:00:00Chicago Mayor Rahm Emanuel and Chicago Innovation Awards to Ring...
03/23/201710:00:00The Colon Cancer Alliance to Ring The Nasdaq Stock Market Opening...
03/23/201710:00:00Lilis Energy, Inc. (Nasdaq: LLEX) to Ring The Nasdaq Stock Market...
03/22/201711:51:38AmsterDog Rescue to Ring The Nasdaq Stock Market Opening Bell...
03/22/201710:00:00Daseke, Inc. (Nasdaq: DSKE) to Ring The Nasdaq Stock Market Closing...
03/22/201708:00:00Cisco Systems, Inc. (Nasdaq: CSCO) to Ring The Nasdaq Stock Market...
03/21/201714:00:13Akoustis Technologies (Nasdaq: AKTS) to Ring The Nasdaq Stock...
03/20/201723:55:50CORRECTING and REPLACING -- TiVo Corporation (Nasdaq: TIVO) to...
03/20/201710:00:00TiVo Corporation (Nasdaq: TIVO) to Ring The Nasdaq Stock Market...
03/20/201710:00:00Ominto, Inc. (Nasdaq: OMNT) to Ring The Nasdaq Stock Market Closing...
03/17/201710:00:00Codorus Valley Bancorp, Inc. (Nasdaq: CVLY) to Ring The Nasdaq...
03/17/201710:00:00HomeTown Bankshares Corporation (Nasdaq: HMTA) to Ring The Nasdaq...
03/16/201716:45:49Statement of Changes in Beneficial Ownership (4)
03/16/201715:58:13Urban Arts Partnership to Ring The Nasdaq Stock Market Closing...
03/16/201710:00:00Kelly Services (Nasdaq: KELYA) (Nasdaq: KELYB) to Ring The Nasdaq...
03/15/201715:49:52St. Baldrick’s Foundation to Ring The Nasdaq Stock Market Opening B...
03/15/201711:00:00The 17th Annual Employee Health Care Conference to Ring The Nasdaq...
03/14/201710:00:00R1 RCM Inc. to Ring The Nasdaq Stock Market Opening Bell

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